Goldstein Advisors LLC Trims Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Goldstein Advisors LLC cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 5.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 665 shares of the communications equipment provider’s stock after selling 42 shares during the quarter. Goldstein Advisors LLC’s holdings in Motorola Solutions were worth $299,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Frank Rimerman Advisors LLC grew its position in Motorola Solutions by 3.4% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 1,894 shares of the communications equipment provider’s stock valued at $852,000 after purchasing an additional 62 shares during the last quarter. GHP Investment Advisors Inc. grew its position in Motorola Solutions by 297.6% during the 3rd quarter. GHP Investment Advisors Inc. now owns 167 shares of the communications equipment provider’s stock valued at $75,000 after purchasing an additional 125 shares during the last quarter. MCF Advisors LLC grew its position in Motorola Solutions by 7.4% during the 3rd quarter. MCF Advisors LLC now owns 581 shares of the communications equipment provider’s stock valued at $261,000 after purchasing an additional 40 shares during the last quarter. NorthCrest Asset Manangement LLC grew its position in Motorola Solutions by 10.3% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 1,335 shares of the communications equipment provider’s stock valued at $600,000 after purchasing an additional 125 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in Motorola Solutions by 93.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 3,597 shares of the communications equipment provider’s stock valued at $1,617,000 after purchasing an additional 1,737 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief operating officer now owns 46,821 shares in the company, valued at approximately $19,079,557.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on MSI shares. Barclays upped their target price on shares of Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Bank of America upped their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Evercore ISI upped their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. Finally, Jefferies Financial Group upped their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Motorola Solutions has an average rating of “Buy” and a consensus target price of $479.50.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $462.32 on Friday. The firm’s 50 day moving average price is $448.08 and its 200-day moving average price is $401.07. Motorola Solutions, Inc. has a twelve month low of $271.73 and a twelve month high of $480.28. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 7.03. The stock has a market capitalization of $77.13 billion, a PE ratio of 54.14, a price-to-earnings-growth ratio of 3.96 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter in the prior year, the business earned $2.41 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Equities research analysts expect that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were paid a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend was Friday, September 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 45.90%.

Motorola Solutions Company 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.