Larson Financial Group LLC Increases Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Larson Financial Group LLC increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 6.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,132 shares of the communications equipment provider’s stock after buying an additional 73 shares during the quarter. Larson Financial Group LLC’s holdings in Motorola Solutions were worth $496,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSI. ORG Wealth Partners LLC grew its holdings in shares of Motorola Solutions by 346.2% during the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider’s stock worth $25,000 after purchasing an additional 45 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions in the fourth quarter worth $32,000. Fourth Dimension Wealth LLC purchased a new stake in Motorola Solutions during the fourth quarter valued at about $34,000. Community Bank N.A. purchased a new stake in Motorola Solutions in the first quarter worth about $32,000. Finally, Fort Vancouver Investment Management LLC bought a new stake in shares of Motorola Solutions during the first quarter valued at approximately $37,000. Institutional investors own 84.17% of the company’s stock.

Insider Activity at Motorola Solutions

In related news, CAO Katherine A. Maher sold 1,073 shares of the business’s stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer directly owned 804 shares in the company, valued at approximately $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.44% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. UBS Group began coverage on shares of Motorola Solutions in a report on Wednesday. They issued a “buy” rating and a $490.00 target price on the stock. Wall Street Zen downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. William Blair reaffirmed 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 report on Monday, July 7th. They set a “peer perform” rating on the stock. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $510.67.

Motorola Solutions Price Performance

NYSE:MSI opened at $421.06 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 3.42. The stock’s 50-day moving average price is $416.65 and its 200-day moving average price is $430.97. Motorola Solutions, Inc. has a 52 week low of $385.17 and a 52 week high of $507.82. The stock has a market capitalization of $70.28 billion, a PE ratio of 35.15, a price-to-earnings-growth ratio of 3.58 and a beta of 0.95.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the prior year, the firm posted $2.81 earnings per share. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. As a group, equities analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Friday, June 13th. Motorola Solutions’s dividend payout ratio is currently 36.39%.

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.