Motorola Solutions, Inc. $MSI Shares Acquired by Personal CFO Solutions LLC

Personal CFO Solutions LLC lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 42.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 970 shares of the communications equipment provider’s stock after buying an additional 288 shares during the quarter. Personal CFO Solutions LLC’s holdings in Motorola Solutions were worth $408,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Advisors Capital Management LLC boosted its position in shares of Motorola Solutions by 1.0% during the 2nd quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock worth $1,031,000 after purchasing an additional 24 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Motorola Solutions by 0.3% in the second quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock valued at $3,833,000 after purchasing an additional 24 shares during the period. IFC Advisors LLC lifted its stake in shares of Motorola Solutions by 0.6% in the second quarter. IFC Advisors LLC now owns 4,043 shares of the communications equipment provider’s stock valued at $1,700,000 after purchasing an additional 25 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in Motorola Solutions by 3.7% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 701 shares of the communications equipment provider’s stock worth $295,000 after buying an additional 25 shares in the last quarter. Finally, Trust Point Inc. grew its position in Motorola Solutions by 3.9% during the second quarter. Trust Point Inc. now owns 692 shares of the communications equipment provider’s stock worth $291,000 after buying an additional 26 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $483.50, for a total value of $24,175,000.00. Following the completion of the sale, the chief executive officer owned 46,936 shares in the company, valued at $22,693,556. The trade was a 51.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP James A. Niewiara sold 1,700 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $485.43, for a total transaction of $825,231.00. Following the transaction, the senior vice president owned 14,542 shares in the company, valued at approximately $7,059,123.06. The trade was a 10.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 110,614 shares of company stock worth $53,085,917. 1.44% of the stock is currently owned by insiders.

Motorola Solutions Stock Performance

NYSE:MSI opened at $368.43 on Friday. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.73 and a quick ratio of 1.54. The firm has a market cap of $61.36 billion, a PE ratio of 29.66, a P/E/G ratio of 3.46 and a beta of 0.96. The firm has a 50 day simple moving average of $432.68 and a 200-day simple moving average of $433.26. Motorola Solutions, Inc. has a 1-year low of $365.75 and a 1-year high of $503.62.

Motorola Solutions (NYSE:MSI) last released its earnings results on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.85 by $0.21. The firm had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. Motorola Solutions’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $3.74 EPS. On average, equities analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be issued a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a dividend yield of 1.3%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. Motorola Solutions’s payout ratio is 34.99%.

Analyst Ratings Changes

A number of research firms have recently issued reports on MSI. Barclays reduced their price target on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Evercore ISI lifted their price objective on Motorola Solutions from $500.00 to $525.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Motorola Solutions in a research report on Wednesday, October 8th. Piper Sandler restated a “neutral” rating and issued a $465.00 price target (down previously from $495.00) on shares of Motorola Solutions in a research report on Friday, October 31st. Finally, UBS Group boosted their price objective on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $506.43.

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.