Banco Bilbao Vizcaya Argentaria S.A. Decreases Stock Holdings in Motorola Solutions, Inc. $MSI

Banco Bilbao Vizcaya Argentaria S.A. trimmed its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 7.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,419 shares of the communications equipment provider’s stock after selling 4,265 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Motorola Solutions were worth $23,819,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. ORG Wealth Partners LLC lifted its holdings in Motorola Solutions by 346.2% in the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider’s stock valued at $25,000 after acquiring an additional 45 shares during the last quarter. Community Bank N.A. acquired a new position in Motorola Solutions in the first quarter valued at approximately $32,000. Fourth Dimension Wealth LLC acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $34,000. Fort Vancouver Investment Management LLC acquired a new position in Motorola Solutions in the first quarter valued at approximately $37,000. Finally, Alpine Bank Wealth Management acquired a new position in Motorola Solutions in the first quarter valued at approximately $40,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Motorola Solutions Stock Up 0.2%

Motorola Solutions stock opened at $461.42 on Tuesday. Motorola Solutions, Inc. has a twelve month low of $388.90 and a twelve month high of $507.82. The stock’s fifty day simple moving average is $426.84 and its 200-day simple moving average is $427.06. 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 firm has a market capitalization of $76.87 billion, a P/E ratio of 37.15, a P/E/G ratio of 3.74 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.36 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%. The business had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the prior year, the company earned $3.24 earnings per share. The company’s revenue was up 5.2% on a year-over-year basis. As a group, equities analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Katherine A. Maher sold 1,073 shares of the company’s stock in a transaction 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 sale, the chief accounting officer owned 804 shares of the company’s stock, valued at approximately $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gregory Q. Brown sold 17,600 shares of the company’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $459.79, for a total value of $8,092,304.00. Following the sale, the chief executive officer directly owned 24,046 shares in the company, valued at $11,056,110.34. This represents a 42.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 101,438 shares of company stock worth $46,865,881 in the last ninety days. Corporate insiders own 1.44% of the company’s stock.

Motorola Solutions 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.