Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSIGet Rating) by 5.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 949 shares of the communications equipment provider’s stock after selling 57 shares during the period. Quadrant Capital Group LLC’s holdings in Motorola Solutions were worth $230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Steward Financial Group LLC purchased a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $27,000. Missouri Trust & Investment Co purchased a new position in shares of Motorola Solutions in the fourth quarter worth $29,000. Delos Wealth Advisors LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $36,000. West Bancorporation Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at $39,000. Finally, Benjamin F. Edwards & Company Inc. increased its position in shares of Motorola Solutions by 104.2% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 145 shares of the communications equipment provider’s stock valued at $35,000 after acquiring an additional 74 shares during the period. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Trading Up 4.4 %

NYSE MSI opened at $250.21 on Friday. The stock has a market capitalization of $41.86 billion, a price-to-earnings ratio of 34.32, a PEG ratio of 2.94 and a beta of 0.92. The stock has a 50-day moving average of $217.66 and a 200 day moving average of $222.26. Motorola Solutions, Inc. has a twelve month low of $195.18 and a twelve month high of $273.65.

Motorola Solutions (NYSE:MSIGet Rating) last announced its earnings results on Thursday, August 4th. The communications equipment provider reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.20. The firm had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.06 billion. Motorola Solutions had a negative return on equity of 633.02% and a net margin of 15.30%. The business’s revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.94 EPS. Equities analysts predict that Motorola Solutions, Inc. will post 9.01 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Wednesday, June 15th were given a dividend of $0.79 per share. The ex-dividend date was Tuesday, June 14th. This represents a $3.16 annualized dividend and a dividend yield of 1.26%. Motorola Solutions’s dividend payout ratio (DPR) is presently 43.35%.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of research reports. Credit Suisse Group raised their price objective on Motorola Solutions from $290.00 to $295.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 22nd. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Friday. Morgan Stanley raised shares of Motorola Solutions from an “equal weight” rating to an “overweight” rating and set a $240.00 target price for the company in a report on Monday, May 23rd. Finally, Loop Capital started coverage on shares of Motorola Solutions in a report on Monday, April 25th. They issued a “buy” rating and a $295.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $282.75.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Q. Brown sold 25,000 shares of the stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $219.75, for a total transaction of $5,493,750.00. Following the completion of the transaction, the chief executive officer now owns 35,348 shares of the company’s stock, valued at $7,767,723. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.85% of the stock is currently owned by corporate insiders.

About Motorola Solutions

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Motorola Solutions, Inc provides mission critical communications and analytics 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.

Further Reading

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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