Parcion Private Wealth LLC Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Parcion Private Wealth LLC grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 7.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 888 shares of the communications equipment provider’s stock after acquiring an additional 65 shares during the quarter. Parcion Private Wealth LLC’s holdings in Motorola Solutions were worth $278,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Planning Group LLC purchased a new stake in shares of Motorola Solutions in the second quarter valued at $33,000. Bruce G. Allen Investments LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at $38,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Motorola Solutions in the first quarter valued at $35,000. PCA Investment Advisory Services Inc. purchased a new position in Motorola Solutions during the second quarter worth about $39,000. Finally, Eagle Bay Advisors LLC purchased a new position in Motorola Solutions during the second quarter worth about $35,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on MSI shares. Deutsche Bank Aktiengesellschaft started coverage on Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 target price on the stock. Evercore ISI started coverage on Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 target price on the stock. William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Finally, Barclays increased their target price on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and an average target price of $337.25.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $352.07 on Wednesday. The stock’s 50-day moving average is $333.79 and its 200-day moving average is $313.41. The company has a market cap of $58.49 billion, a price-to-earnings ratio of 35.46, a price-to-earnings-growth ratio of 3.27 and a beta of 0.90. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $355.39.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The company had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the business posted $3.38 EPS. Equities analysts anticipate that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 15th will be issued a $0.98 dividend. The ex-dividend date is Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.11%. Motorola Solutions’s dividend payout ratio (DPR) is 39.48%.

Insider Activity

In related news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

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.