Savant Capital LLC Grows Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Savant Capital LLC lifted its holdings in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,147 shares of the communications equipment provider’s stock after purchasing an additional 128 shares during the period. Savant Capital LLC’s holdings in Motorola Solutions were worth $1,946,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Rosenberg Matthew Hamilton increased its stake in shares of Motorola Solutions by 15.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 275 shares of the communications equipment provider’s stock valued at $75,000 after purchasing an additional 36 shares in the last quarter. AdvisorNet Financial Inc increased its stake in shares of Motorola Solutions by 9.4% in the 3rd quarter. AdvisorNet Financial Inc now owns 444 shares of the communications equipment provider’s stock valued at $121,000 after purchasing an additional 38 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in Motorola Solutions by 4.7% in the 3rd quarter. Foundations Investment Advisors LLC now owns 887 shares of the communications equipment provider’s stock worth $241,000 after buying an additional 40 shares during the last quarter. Private Trust Co. NA boosted its holdings in Motorola Solutions by 6.9% in the 3rd quarter. Private Trust Co. NA now owns 685 shares of the communications equipment provider’s stock worth $186,000 after buying an additional 44 shares during the last quarter. Finally, Studio Investment Management LLC boosted its holdings in Motorola Solutions by 3.0% in the 4th quarter. Studio Investment Management LLC now owns 1,568 shares of the communications equipment provider’s stock worth $404,000 after buying an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Saturday, November 11th. Bank of America assumed coverage on Motorola Solutions in a report on Monday, October 9th. They issued a “buy” rating and a $330.00 price objective on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 price objective on the stock. Finally, Barclays lifted their price objective on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $328.29.

Get Our Latest Report on MSI

Motorola Solutions Trading Up 0.2 %

Shares of Motorola Solutions stock opened at $327.41 on Wednesday. The stock has a market cap of $54.35 billion, a P/E ratio of 33.11, a P/E/G ratio of 2.71 and a beta of 0.90. The stock’s 50 day simple moving average is $318.43 and its 200-day simple moving average is $297.87. Motorola Solutions, Inc. has a 1-year low of $251.25 and a 1-year high of $330.93. The company has a debt-to-equity ratio of 12.51, a current ratio of 0.95 and a quick ratio of 0.77.

Motorola Solutions (NYSE:MSIGet Free Report) last issued its earnings results on Thursday, November 2nd. The communications equipment provider reported $2.97 earnings per share for the quarter, topping the consensus estimate of $2.79 by $0.18. The business had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.53 billion. Motorola Solutions had a return on equity of 668.00% and a net margin of 17.30%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.79 EPS. Analysts predict that Motorola Solutions, Inc. will post 10.69 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 15th were given a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 1.20%. The ex-dividend date was Thursday, December 14th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.88. Motorola Solutions’s payout ratio is presently 39.64%.

Insider Activity

In other news, CFO Jason J. Winkler sold 5,656 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $305.29, for a total transaction of $1,726,720.24. Following the sale, the chief financial officer now owns 6,732 shares of the company’s stock, valued at approximately $2,055,212.28. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CFO Jason J. Winkler sold 5,656 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $305.29, for a total transaction of $1,726,720.24. Following the sale, the chief financial officer now owns 6,732 shares of the company’s stock, valued at approximately $2,055,212.28. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Gregory Q. Brown sold 65,000 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $305.27, for a total transaction of $19,842,550.00. Following the sale, the chief executive officer now directly owns 62,105 shares in the company, valued at approximately $18,958,793.35. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 76,506 shares of company stock valued at $23,359,370. 1.50% of the stock is currently owned by company insiders.

Motorola Solutions Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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