Motorola Solutions, Inc. $MSI Shares Bought by GDS Wealth Management

GDS Wealth Management raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 29.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,896 shares of the communications equipment provider’s stock after purchasing an additional 5,028 shares during the period. GDS Wealth Management’s holdings in Motorola Solutions were worth $9,206,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Signature Resources Capital Management LLC acquired a new position in shares of Motorola Solutions during the 2nd quarter worth about $25,000. Saudi Central Bank purchased a new stake in Motorola Solutions during the 1st quarter worth approximately $29,000. Whipplewood Advisors LLC raised its holdings in shares of Motorola Solutions by 289.5% during the second quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock valued at $31,000 after acquiring an additional 55 shares during the last quarter. Rossby Financial LCC raised its holdings in shares of Motorola Solutions by 148.6% during the second quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock valued at $37,000 after acquiring an additional 52 shares during the last quarter. Finally, Meeder Asset Management Inc. lifted its position in shares of Motorola Solutions by 47.1% in the first quarter. Meeder Asset Management Inc. now owns 103 shares of the communications equipment provider’s stock valued at $45,000 after acquiring an additional 33 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.3%

NYSE MSI opened at $371.10 on Thursday. Motorola Solutions, Inc. has a 52 week low of $368.17 and a 52 week high of $503.62. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86. The business’s fifty day simple moving average is $437.44 and its 200-day simple moving average is $433.98. The firm has a market cap of $61.81 billion, a PE ratio of 29.88, a P/E/G ratio of 3.46 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.85 by $0.21. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the prior year, the firm posted $3.74 earnings per share. Motorola Solutions’s quarterly revenue was up 7.8% on a year-over-year basis. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Insider Activity

In related news, SVP James A. Niewiara sold 1,700 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $485.43, for a total value of $825,231.00. Following the transaction, the senior vice president directly owned 14,542 shares in the company, valued at approximately $7,059,123.06. This represents a 10.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Rajan Naik sold 8,014 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total value of $3,802,242.30. Following the sale, the senior vice president directly owned 10,244 shares of the company’s stock, valued at approximately $4,860,265.80. This trade represents a 43.89% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 110,614 shares of company stock valued at $53,085,917. 1.44% of the stock is currently owned by company insiders.

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.