Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 30.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,041 shares of the communications equipment provider’s stock after acquiring an additional 246 shares during the period. GAMMA Investing LLC’s holdings in Motorola Solutions were worth $370,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of MSI. Beacon Pointe Advisors LLC grew its position in shares of Motorola Solutions by 0.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 4,754 shares of the communications equipment provider’s stock valued at $1,488,000 after buying an additional 32 shares during the last quarter. OmniStar Financial Group Inc. grew its position in Motorola Solutions by 1.7% during the 4th quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock worth $636,000 after purchasing an additional 33 shares during the last quarter. Valley National Advisers Inc. grew its position in Motorola Solutions by 21.3% during the 4th quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock worth $58,000 after purchasing an additional 33 shares during the last quarter. Valeo Financial Advisors LLC grew its position in Motorola Solutions by 4.8% during the 4th quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock worth $264,000 after purchasing an additional 39 shares during the last quarter. Finally, Asset Dedication LLC grew its position in Motorola Solutions by 14.9% during the 3rd quarter. Asset Dedication LLC now owns 308 shares of the communications equipment provider’s stock worth $84,000 after purchasing an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on MSI. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, June 3rd. JPMorgan Chase & Co. raised their target price on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. Evercore ISI initiated coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price for the company. Finally, Barclays raised their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $358.86.

Motorola Solutions Stock Performance

NYSE:MSI opened at $383.60 on Thursday. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16. The firm has a 50-day moving average price of $359.32 and a two-hundred day moving average price of $339.16. Motorola Solutions, Inc. has a twelve month low of $269.64 and a twelve month high of $384.63. The company has a market capitalization of $63.98 billion, a P/E ratio of 47.42, a price-to-earnings-growth ratio of 3.35 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.29. The business had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.34 billion. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. As a group, research analysts expect that Motorola Solutions, Inc. will post 12.07 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.98 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Insider Transactions at Motorola Solutions

In other news, SVP James A. Niewiara sold 810 shares of Motorola Solutions stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total transaction of $290,052.90. Following the completion of the sale, the senior vice president now directly owns 12,986 shares in the company, valued at $4,650,156.74. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, SVP Rajan Naik sold 5,274 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the transaction, the senior vice president now directly owns 8,939 shares of the company’s stock, valued at $3,341,487.59. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP James A. Niewiara sold 810 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the transaction, the senior vice president now directly owns 12,986 shares in the company, valued at $4,650,156.74. The disclosure for this sale can be found here. Insiders sold a total of 9,389 shares of company stock worth $3,446,461 over the last ninety days. 1.50% of the stock is currently owned by corporate insiders.

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.