Motorola Solutions, Inc. $MSI Shares Sold by Vista Investment Partners II LLC

Vista Investment Partners II LLC trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 73.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,301 shares of the communications equipment provider’s stock after selling 3,643 shares during the period. Vista Investment Partners II LLC’s holdings in Motorola Solutions were worth $499,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Covea Finance lifted its position in shares of Motorola Solutions by 5.9% in the 3rd quarter. Covea Finance now owns 111,219 shares of the communications equipment provider’s stock worth $50,859,000 after buying an additional 6,153 shares during the last quarter. Capital World Investors increased its holdings in shares of Motorola Solutions by 5.5% in the 3rd quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock worth $4,292,310,000 after acquiring an additional 490,354 shares during the period. Swedbank AB increased its holdings in shares of Motorola Solutions by 20.3% in the 3rd quarter. Swedbank AB now owns 1,345,492 shares of the communications equipment provider’s stock worth $615,280,000 after acquiring an additional 227,062 shares during the period. Varma Mutual Pension Insurance Co increased its stake in Motorola Solutions by 8.4% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 29,701 shares of the communications equipment provider’s stock valued at $13,582,000 after buying an additional 2,300 shares during the period. Finally, Barden Capital Management Inc. acquired a new position in Motorola Solutions during the 3rd quarter valued at about $1,462,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $442.77 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47. The company has a market cap of $73.59 billion, a PE ratio of 34.70, a PEG ratio of 3.13 and a beta of 0.99. The company’s 50-day moving average is $450.12 and its two-hundred day moving average is $419.60. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The company had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.34 billion. During the same period in the prior year, the business posted $4.04 EPS. Motorola Solutions’s revenue was up 12.3% on a year-over-year basis. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be paid a $1.21 dividend. The ex-dividend date of this dividend is Friday, March 20th. This represents a $4.84 annualized dividend and a dividend yield of 1.1%. Motorola Solutions’s dividend payout ratio (DPR) is currently 37.93%.

Wall Street Analyst Weigh In

MSI has been the topic of several recent research reports. Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Truist Financial assumed coverage on shares of Motorola Solutions in a report on Tuesday, March 31st. They set a “buy” rating and a $540.00 price target for the company. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. Piper Sandler reiterated an “overweight” rating and issued a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $502.50.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the completion of the sale, the chief executive officer owned 9,529 shares of the company’s stock, valued at $4,488,254.29. This trade represents a 42.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $468.09, for a total value of $23,404,500.00. Following the sale, the chief executive officer directly owned 47,167 shares of the company’s stock, valued at $22,078,401.03. This represents a 51.46% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 129,069 shares of company stock valued at $60,779,964. 1.44% of the stock is owned by corporate insiders.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.