Simplicity Wealth LLC Buys 1,194 Shares of Motorola Solutions, Inc. $MSI

Simplicity Wealth LLC lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 201.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,788 shares of the communications equipment provider’s stock after acquiring an additional 1,194 shares during the period. Simplicity Wealth LLC’s holdings in Motorola Solutions were worth $685,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Capital World Investors grew its position in Motorola Solutions by 5.5% during the 3rd quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock worth $4,292,310,000 after acquiring an additional 490,354 shares during the last quarter. Varma Mutual Pension Insurance Co grew its position in Motorola Solutions by 8.4% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 29,701 shares of the communications equipment provider’s stock worth $13,582,000 after acquiring an additional 2,300 shares during the last quarter. Barden Capital Management Inc. bought a new stake in Motorola Solutions during the 3rd quarter worth approximately $1,462,000. Alps Advisors Inc. grew its position in Motorola Solutions by 180.3% during the 3rd quarter. Alps Advisors Inc. now owns 19,899 shares of the communications equipment provider’s stock worth $9,100,000 after acquiring an additional 12,799 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its position in Motorola Solutions by 28.0% during the 3rd quarter. Wealthfront Advisers LLC now owns 15,802 shares of the communications equipment provider’s stock worth $7,226,000 after acquiring an additional 3,459 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 2.3%

NYSE:MSI opened at $439.18 on Friday. The stock’s fifty day moving average price is $452.44 and its two-hundred day moving average price is $417.66. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The company has a market cap of $72.99 billion, a price-to-earnings ratio of 34.42, a P/E/G ratio of 2.99 and a beta of 0.99.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.24. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.34 billion. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.04 EPS. On average, analysts anticipate that Motorola Solutions, Inc. will post 15.25 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th were paid a $1.21 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. Motorola Solutions’s dividend payout ratio is 37.93%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on MSI shares. Weiss Ratings upgraded Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Truist Financial assumed coverage on Motorola Solutions in a research report on Tuesday, March 31st. They set a “buy” rating and a $540.00 price target on the stock. Wall Street Zen downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Morgan Stanley reaffirmed an “overweight” rating and set a $470.00 price objective on shares of Motorola Solutions in a report on Thursday, February 12th. Finally, JPMorgan Chase & Co. upped their price objective on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $502.50.

Insider Activity

In other news, CEO Cynthia Yazdi sold 7,000 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $471.01, for a total value of $3,297,070.00. Following the transaction, the chief executive officer owned 9,529 shares of the company’s stock, valued at $4,488,254.29. This represents a 42.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kenneth D. Denman sold 434 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $470.12, for a total value of $204,032.08. Following the completion of the transaction, the director directly owned 7,153 shares in the company, valued at approximately $3,362,768.36. This trade represents a 5.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 129,069 shares of company stock valued at $60,779,964 in the last 90 days. 1.28% of the stock is owned by company insiders.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.