2,334 Shares in Motorola Solutions, Inc. $MSI Acquired by Advisor OS LLC

Advisor OS LLC acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the 3rd quarter, Holdings Channel reports. The firm acquired 2,334 shares of the communications equipment provider’s stock, valued at approximately $1,067,000.

A number of other institutional investors also recently bought and sold shares of MSI. Orion Capital Management LLC acquired a new stake in Motorola Solutions in the third quarter valued at $25,000. United Community Bank boosted its position in shares of Motorola Solutions by 81.3% in the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 26 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in Motorola Solutions in the 3rd quarter valued at about $33,000. Field & Main Bank purchased a new position in Motorola Solutions during the 3rd quarter valued at about $35,000. Finally, Rossby Financial LCC increased its holdings in Motorola Solutions by 148.6% during the 2nd quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock valued at $37,000 after acquiring an additional 52 shares in the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Gregory Q. Brown sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $468.09, for a total value of $23,404,500.00. Following the transaction, the chief executive officer owned 47,167 shares in the company, valued at approximately $22,078,401.03. This trade represents a 51.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.44% of the company’s stock.

Motorola Solutions Trading Up 0.0%

MSI stock opened at $471.48 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 3.47. The company has a market cap of $78.11 billion, a price-to-earnings ratio of 36.95, a PEG ratio of 3.30 and a beta of 1.00. The business has a fifty day simple moving average of $408.90 and a 200-day simple moving average of $422.73. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. The firm had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.34 billion. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.04 earnings per share. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be given a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s dividend payout ratio is 37.93%.

Analyst Ratings Changes

Several brokerages have issued reports on MSI. Piper Sandler reaffirmed an “overweight” rating and issued a $499.00 price target (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Weiss Ratings lowered Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 11th. Morgan Stanley reiterated an “overweight” rating and set a $470.00 target price on shares of Motorola Solutions in a report on Thursday, February 12th. Argus raised Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. upped their price objective on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and an average target price of $497.14.

About Motorola Solutions

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.