Financial Insights Inc. Sells 1,527 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Financial Insights Inc. lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 49.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,592 shares of the communications equipment provider’s stock after selling 1,527 shares during the quarter. Financial Insights Inc.’s holdings in Motorola Solutions were worth $716,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MSI. Swedbank AB raised its stake in shares of Motorola Solutions by 215.7% during the 2nd quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock worth $395,298,000 after acquiring an additional 699,615 shares in the last quarter. Wulff Hansen & CO. raised its stake in shares of Motorola Solutions by 38,505.0% during the 2nd quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock worth $268,858,000 after acquiring an additional 694,630 shares in the last quarter. National Bank of Canada FI raised its stake in shares of Motorola Solutions by 428.2% during the 2nd quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock worth $193,798,000 after acquiring an additional 406,638 shares in the last quarter. Alphinity Investment Management Pty Ltd raised its stake in shares of Motorola Solutions by 36.5% during the 1st quarter. Alphinity Investment Management Pty Ltd now owns 1,478,757 shares of the communications equipment provider’s stock worth $524,929,000 after acquiring an additional 395,096 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of Motorola Solutions by 1,477.3% during the 1st quarter. Janus Henderson Group PLC now owns 358,206 shares of the communications equipment provider’s stock worth $127,149,000 after acquiring an additional 335,496 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Down 1.5 %

MSI stock opened at $470.11 on Wednesday. The firm’s fifty day simple moving average is $445.43 and its 200-day simple moving average is $399.04. The company has a market capitalization of $78.41 billion, a P/E ratio of 58.11, a price-to-earnings-growth ratio of 4.07 and a beta of 0.97. The company has a debt-to-equity ratio of 7.03, a current ratio of 1.20 and a quick ratio of 1.03. Motorola Solutions, Inc. has a 12 month low of $271.73 and a 12 month high of $480.28.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 EPS for the quarter, beating the consensus estimate of $3.01 by $0.23. The business had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.41 EPS. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 12.22 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were paid a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend was Friday, September 13th. Motorola Solutions’s dividend payout ratio is currently 48.45%.

Insider Activity at Motorola Solutions

In related news, COO John P. Molloy sold 23,985 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total value of $9,773,887.50. Following the completion of the transaction, the chief operating officer now directly owns 46,821 shares in the company, valued at $19,079,557.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on MSI shares. Barclays boosted their price objective on shares of Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Jefferies Financial Group boosted their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Finally, Bank of America boosted their target price on shares of Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $466.17.

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.