Private Advisor Group LLC Has $2.13 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Private Advisor Group LLC decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 20.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,727 shares of the communications equipment provider’s stock after selling 1,238 shares during the period. Private Advisor Group LLC’s holdings in Motorola Solutions were worth $2,125,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Co. of Vermont raised its holdings in shares of Motorola Solutions by 9.8% in the third quarter. Trust Co. of Vermont now owns 302 shares of the communications equipment provider’s stock valued at $136,000 after purchasing an additional 27 shares during the last quarter. Beacon Capital Management LLC increased its holdings 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 buying an additional 28 shares during the last quarter. Range Financial Group LLC increased its holdings in Motorola Solutions by 2.0% during the second quarter. Range Financial Group LLC now owns 1,424 shares of the communications equipment provider’s stock worth $550,000 after buying an additional 28 shares during the last quarter. Rehmann Capital Advisory Group increased its holdings in Motorola Solutions by 1.0% during the first quarter. Rehmann Capital Advisory Group now owns 2,910 shares of the communications equipment provider’s stock worth $1,033,000 after buying an additional 30 shares during the last quarter. Finally, Forum Financial Management LP increased its holdings in Motorola Solutions by 2.3% during the second quarter. Forum Financial Management LP now owns 1,350 shares of the communications equipment provider’s stock worth $521,000 after buying an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Activity

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction that occurred on 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 completion of the sale, the chief operating officer now directly owns 46,821 shares in the company, 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 SEC, which is available through this hyperlink. 1.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MSI. JPMorgan Chase & Co. raised their price objective 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. Bank of America raised their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Jefferies Financial Group raised their price objective on shares of 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 shares of Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Evercore ISI increased their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $479.50.

Motorola Solutions Price Performance

MSI stock opened at $458.23 on Wednesday. The firm has a 50 day moving average of $449.42 and a 200-day moving average of $403.02. 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 $272.38 and a 12 month high of $480.28. The firm has a market capitalization of $76.43 billion, a P/E ratio of 56.64, a price-to-earnings-growth ratio of 3.96 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 EPS for the quarter, beating analysts’ consensus estimates of $3.01 by $0.23. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The company had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period last year, the business earned $2.41 earnings per share. Motorola Solutions’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 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were given a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.86%. Motorola Solutions’s dividend payout ratio (DPR) is currently 48.45%.

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.