Motorola Solutions, Inc. $MSI Shares Acquired by Vest Financial LLC

Vest Financial LLC grew its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 91.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,548 shares of the communications equipment provider’s stock after buying an additional 6,461 shares during the period. Vest Financial LLC’s holdings in Motorola Solutions were worth $5,193,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in MSI. Revolve Wealth Partners LLC bought a new stake in Motorola Solutions during the fourth quarter worth approximately $208,000. Sivia Capital Partners LLC acquired a new position in shares of Motorola Solutions during the second quarter worth approximately $210,000. HUB Investment Partners LLC lifted its holdings in shares of Motorola Solutions by 38.7% during the second quarter. HUB Investment Partners LLC now owns 2,540 shares of the communications equipment provider’s stock worth $1,068,000 after buying an additional 709 shares during the last quarter. Peapack Gladstone Financial Corp lifted its holdings in shares of Motorola Solutions by 17.7% during the second quarter. Peapack Gladstone Financial Corp now owns 16,279 shares of the communications equipment provider’s stock worth $6,845,000 after buying an additional 2,450 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new position in shares of Motorola Solutions during the second quarter worth approximately $891,000. Institutional investors own 84.17% of the company’s stock.

Insiders Place Their Bets

In other Motorola Solutions news, CEO Gregory Q. Brown sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $468.09, for a total transaction of $23,404,500.00. Following the transaction, the chief executive officer owned 47,167 shares in the company, valued at approximately $22,078,401.03. This trade represents a 51.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $471.01, for a total value of $3,297,070.00. Following the transaction, the chief executive officer owned 9,529 shares in the company, valued at approximately $4,488,254.29. This trade represents a 42.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 129,069 shares of company stock worth $60,779,964. Insiders own 1.28% of the company’s stock.

Motorola Solutions Price Performance

Shares of MSI stock opened at $429.88 on Thursday. The stock has a 50-day moving average price of $452.73 and a 200 day moving average price of $417.51. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 3.47. The firm has a market cap of $71.45 billion, a price-to-earnings ratio of 33.69, a PEG ratio of 3.01 and a beta of 0.99. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, topping 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 firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.34 billion. During the same period last year, the company earned $4.04 earnings per share. The company’s revenue was up 12.3% on a year-over-year basis. Research analysts expect that Motorola Solutions, Inc. will post 15.25 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 20th were issued a dividend of $1.21 per share. The ex-dividend date was Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. Motorola Solutions’s dividend payout ratio (DPR) is 37.93%.

Analysts Set New Price Targets

A number of research analysts have recently commented on MSI shares. Piper Sandler reiterated an “overweight” rating and set a $499.00 price target (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Barclays upped their target price on Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Truist Financial started coverage on Motorola Solutions in a research note on Tuesday, March 31st. They issued a “buy” rating and a $540.00 target price for the company. Wall Street Zen lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $502.50.

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.