Baron Silver Stevens Financial Advisors LLC Invests $217,000 in Motorola Solutions, Inc. (NYSE:MSI)

Baron Silver Stevens Financial Advisors LLC bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 482 shares of the communications equipment provider’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds have also modified their holdings of the company. MFA Wealth Advisors LLC acquired a new position in shares of Motorola Solutions during the 2nd quarter worth approximately $25,000. Beacon Capital Management LLC grew 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 buying an additional 28 shares in the last quarter. LRI Investments LLC increased its stake in Motorola Solutions by 871.4% during the 2nd 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 in the 1st quarter valued at $28,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of Motorola Solutions during the 2nd quarter valued at $29,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total value of $9,773,887.50. Following the transaction, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Barclays raised their price target on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Bank of America boosted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Evercore ISI increased their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. JPMorgan Chase & Co. boosted their price objective 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. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $479.50.

Motorola Solutions Stock Down 0.8 %

Shares of NYSE:MSI opened at $449.35 on Friday. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. Motorola Solutions, Inc. has a 52-week low of $276.19 and a 52-week high of $480.28. The company has a market capitalization of $74.97 billion, a PE ratio of 52.62, a price-to-earnings-growth ratio of 3.81 and a beta of 0.97. The company has a fifty day moving average of $450.46 and a 200-day moving average of $403.69.

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

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date was Friday, September 13th. Motorola Solutions’s payout ratio is 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.