Brighton Jones LLC Grows Position in Motorola Solutions, Inc. (NYSE:MSI)

Brighton Jones LLC boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 6.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 902 shares of the communications equipment provider’s stock after purchasing an additional 55 shares during the period. Brighton Jones LLC’s holdings in Motorola Solutions were worth $348,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MFA Wealth Advisors LLC purchased a new stake in shares of Motorola Solutions in the 2nd quarter valued at $25,000. Beacon Capital Management LLC boosted its holdings in shares of Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 28 shares during the last quarter. LRI Investments LLC boosted its holdings in shares of Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 61 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Motorola Solutions in the 2nd quarter valued at $29,000. Finally, Crewe Advisors LLC purchased a new stake in shares of Motorola Solutions in the 1st quarter valued at $28,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insiders Place Their Bets

In other news, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction on Tuesday, August 6th. The shares were 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is owned by corporate insiders.

Motorola Solutions Trading Up 0.9 %

Shares of MSI stock opened at $442.57 on Monday. The company has a debt-to-equity ratio of 7.03, a current ratio of 1.20 and a quick ratio of 1.03. The firm has a market cap of $73.82 billion, a PE ratio of 54.71, a price-to-earnings-growth ratio of 3.80 and a beta of 0.97. The company has a 50-day moving average of $418.74 and a two-hundred day moving average of $381.46. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $448.98.

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

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, September 13th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $3.92 annualized dividend and a yield of 0.89%. Motorola Solutions’s dividend payout ratio (DPR) is 48.45%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. 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 report on Friday, August 30th. Bank of America increased their price target on shares of Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Barclays increased their price target on shares of Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. JPMorgan Chase & Co. increased their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $466.17.

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.