Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Larson Financial Group LLC

Larson Financial Group LLC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 6.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,132 shares of the communications equipment provider’s stock after purchasing an additional 73 shares during the period. Larson Financial Group LLC’s holdings in Motorola Solutions were worth $496,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Motorola Solutions by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock worth $9,789,955,000 after purchasing an additional 310,919 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock worth $1,933,360,000 after purchasing an additional 451,172 shares during the last quarter. FMR LLC boosted its stake in shares of Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock worth $1,400,980,000 after acquiring an additional 334,639 shares during the period. Norges Bank acquired a new position in Motorola Solutions in the 4th quarter valued at $1,073,645,000. Finally, Northern Trust Corp lifted its position in shares of Motorola Solutions by 15.9% during the 4th quarter. Northern Trust Corp now owns 1,868,559 shares of the communications equipment provider’s stock worth $863,704,000 after buying an additional 256,707 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the 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 of the company’s stock, valued at $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.44% of the stock is currently owned by company insiders.

Motorola Solutions Trading Up 1.1%

MSI opened at $421.06 on Friday. The company has a 50-day simple moving average of $416.65 and a 200 day simple moving average of $430.97. Motorola Solutions, Inc. has a twelve month low of $385.17 and a twelve month high of $507.82. 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 has a market capitalization of $70.28 billion, a price-to-earnings ratio of 35.15, a P/E/G ratio of 3.58 and a beta of 0.95.

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

Motorola Solutions Announces Dividend

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

Wall Street Analysts Forecast Growth

MSI has been the topic of several analyst reports. Barclays cut their target price on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. Wall Street Zen cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. JPMorgan Chase & Co. lowered their price objective on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Finally, Wolfe Research assumed coverage on Motorola Solutions in a research note on Monday, July 7th. They set a “peer perform” rating on the stock. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $510.67.

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.