Motorola Solutions, Inc. $MSI Shares Purchased by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 13.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,734 shares of the communications equipment provider’s stock after purchasing an additional 5,084 shares during the period. Aptus Capital Advisors LLC’s holdings in Motorola Solutions were worth $18,272,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Northern Trust Corp raised its position in shares of Motorola Solutions by 5.4% during the 1st quarter. Northern Trust Corp now owns 1,969,450 shares of the communications equipment provider’s stock worth $862,245,000 after purchasing an additional 100,891 shares during the last quarter. Brooklyn Investment Group raised its holdings in Motorola Solutions by 128.7% in the 1st quarter. Brooklyn Investment Group now owns 2,015 shares of the communications equipment provider’s stock valued at $882,000 after acquiring an additional 1,134 shares during the last quarter. Freestone Capital Holdings LLC raised its holdings in Motorola Solutions by 7.6% in the 1st quarter. Freestone Capital Holdings LLC now owns 1,945 shares of the communications equipment provider’s stock valued at $852,000 after acquiring an additional 137 shares during the last quarter. Corient IA LLC acquired a new position in Motorola Solutions in the 1st quarter valued at $438,000. Finally, Northwest & Ethical Investments L.P. raised its holdings in Motorola Solutions by 74.6% in the 1st quarter. Northwest & Ethical Investments L.P. now owns 5,112 shares of the communications equipment provider’s stock valued at $2,237,000 after acquiring an additional 2,184 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Katherine A. Maher sold 1,073 shares of the business’s stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the transaction, the chief accounting officer owned 804 shares in the company, valued at $336,618.72. The trade was a 57.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.44% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on MSI shares. Wall Street Zen downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. UBS Group boosted their price target on Motorola Solutions from $490.00 to $510.00 and gave the company a “buy” rating in a report on Friday, August 8th. Barclays lowered their price objective on shares of Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Finally, Wolfe Research initiated coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They set a “peer perform” rating for the company. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $512.67.

Motorola Solutions Stock Down 0.3%

Shares of NYSE MSI opened at $460.41 on Monday. Motorola Solutions, Inc. has a 12-month low of $388.90 and a 12-month high of $507.82. The company has a market cap of $76.70 billion, a P/E ratio of 37.07, a P/E/G ratio of 3.74 and a beta of 0.97. The company has a current ratio of 1.73, a quick ratio of 1.54 and a debt-to-equity ratio of 3.86. The stock has a fifty day moving average price of $425.87 and a 200 day moving average price of $427.11.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.36 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the prior year, the firm earned $3.24 EPS. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. Research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.