Vest Financial LLC Boosts Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Vest Financial LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,798 shares of the communications equipment provider’s stock after buying an additional 118 shares during the period. Vest Financial LLC’s holdings in Motorola Solutions were worth $808,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MFA Wealth Advisors LLC acquired a new stake in shares of Motorola Solutions during the 2nd quarter valued at about $25,000. Beacon Capital Management LLC boosted 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 purchasing an additional 28 shares in the last quarter. LRI Investments LLC grew its holdings in Motorola Solutions by 871.4% in the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares during the period. Triad Wealth Partners LLC purchased a new stake in shares of Motorola Solutions in the second quarter valued at approximately $29,000. Finally, Crewe Advisors LLC acquired a new position in shares of Motorola Solutions during the 1st quarter worth approximately $28,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Evercore ISI boosted their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th. Jefferies Financial Group lifted their price objective on Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Barclays increased their target price on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Finally, JPMorgan Chase & Co. lifted their price target on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $466.17.

Motorola Solutions Stock Up 0.4 %

Shares of NYSE MSI opened at $477.12 on Tuesday. The stock has a market cap of $79.58 billion, a PE ratio of 58.98, a P/E/G ratio of 4.07 and a beta of 0.97. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 7.03. Motorola Solutions, Inc. has a 12-month low of $271.73 and a 12-month high of $480.28. The company has a 50-day moving average of $444.27 and a 200 day moving average of $398.21.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share (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 business had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period in the prior year, the business earned $2.41 earnings per share. The business’s revenue was up 9.4% compared to the same quarter last year. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 12.22 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date was Friday, September 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction dated 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 transaction, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at $19,079,557.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.50% of the stock is currently owned by 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.