Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Financial Insights Inc.

Financial Insights Inc. cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 49.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,592 shares of the communications equipment provider’s stock after selling 1,527 shares during the period. Financial Insights Inc.’s holdings in Motorola Solutions were worth $716,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in MSI. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions during the second quarter worth $25,000. Beacon Capital Management LLC raised its position in Motorola Solutions by 71.8% during the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 28 shares during the period. LRI Investments LLC raised its position in Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 61 shares during the period. Crewe Advisors LLC acquired a new position in Motorola Solutions during the first quarter worth $28,000. Finally, Triad Wealth Partners LLC acquired a new position in Motorola Solutions during the second quarter worth $29,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Trading Down 1.5 %

Shares of MSI opened at $470.11 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 7.03. Motorola Solutions, Inc. has a 12-month low of $271.73 and a 12-month high of $480.28. The firm has a 50-day moving average price of $445.43 and a 200 day moving average price of $399.04. The firm has a market capitalization of $78.41 billion, a P/E ratio of 58.11, a P/E/G ratio of 4.07 and a beta of 0.97.

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

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were paid a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 0.83%. The ex-dividend date was Friday, September 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the transaction, the chief operating officer now owns 46,821 shares of the company’s stock, valued at $19,079,557.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.50% of the stock is currently owned by 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.