CW Advisors LLC Has $17.33 Million Position in Motorola Solutions, Inc. $MSI

CW Advisors LLC increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 741.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,214 shares of the communications equipment provider’s stock after purchasing an additional 36,315 shares during the period. CW Advisors LLC’s holdings in Motorola Solutions were worth $17,330,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Motorola Solutions during the second quarter valued at $872,307,000. Nuveen LLC bought a new stake in Motorola Solutions during the 1st quarter worth about $650,426,000. Vanguard Group Inc. raised its holdings in Motorola Solutions by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 21,885,593 shares of the communications equipment provider’s stock worth $9,202,016,000 after purchasing an additional 384,479 shares during the last quarter. Hsbc Holdings PLC lifted its position in Motorola Solutions by 49.1% during the 1st quarter. Hsbc Holdings PLC now owns 746,011 shares of the communications equipment provider’s stock valued at $325,558,000 after purchasing an additional 245,739 shares during the period. Finally, Congress Asset Management Co. bought a new position in shares of Motorola Solutions in the 2nd quarter valued at about $87,162,000. 84.17% of the stock is currently owned by institutional investors.

Insider Activity at Motorola Solutions

In other news, CEO Gregory Q. Brown sold 50,000 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $483.50, for a total transaction of $24,175,000.00. Following the completion of the sale, the chief executive officer owned 46,936 shares of the company’s stock, valued at $22,693,556. This represents a 51.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP James A. Niewiara sold 1,700 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $485.43, for a total transaction of $825,231.00. Following the completion of the sale, the senior vice president directly owned 14,542 shares in the company, valued at $7,059,123.06. This represents a 10.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 77,600 shares of company stock worth $37,476,175 over the last 90 days. Corporate insiders own 1.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MSI shares. UBS Group boosted their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Evercore ISI upped their target price on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a research report on Monday. Barclays decreased their price objective on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Motorola Solutions in a report on Monday. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $495.00.

Motorola Solutions Price Performance

MSI opened at $375.34 on Thursday. The stock has a market cap of $62.51 billion, a P/E ratio of 30.12, a P/E/G ratio of 2.98 and a beta of 0.99. Motorola Solutions, Inc. has a 12 month low of $365.40 and a 12 month high of $500.86. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 3.59. The company has a fifty day simple moving average of $416.44 and a 200 day simple moving average of $430.97.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.85 by $0.21. Motorola Solutions had a return on equity of 118.48% and a net margin of 18.71%.The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the previous year, the company posted $3.74 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. On average, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be paid a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, December 15th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. Motorola Solutions’s dividend payout ratio (DPR) is currently 34.99%.

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.