Consolidated Planning Corp Increases Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Consolidated Planning Corp boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,677 shares of the communications equipment provider’s stock after purchasing an additional 589 shares during the quarter. Motorola Solutions comprises approximately 1.1% of Consolidated Planning Corp’s portfolio, making the stock its 24th biggest holding. Consolidated Planning Corp’s holdings in Motorola Solutions were worth $5,848,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northwest Capital Management Inc raised its stake in Motorola Solutions by 71.4% in the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 40 shares in the last quarter. Turtle Creek Wealth Advisors LLC purchased a new stake in Motorola Solutions in the fourth quarter valued at approximately $36,000. Bruce G. Allen Investments LLC purchased a new stake in Motorola Solutions in the fourth quarter valued at approximately $38,000. BOK Financial Private Wealth Inc. raised its stake in Motorola Solutions by 73.2% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock valued at $39,000 after purchasing an additional 52 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Motorola Solutions in the third quarter valued at approximately $52,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the sale, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on MSI shares. JPMorgan Chase & Co. lifted their price target on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Deutsche Bank Aktiengesellschaft started coverage on shares of Motorola Solutions in a research note on Friday, January 19th. They set a “buy” rating and a $350.00 price target on the stock. Barclays lifted their price target on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Finally, Evercore ISI started coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price target on the stock. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $348.38.

Motorola Solutions Trading Down 0.7 %

NYSE:MSI traded down $2.54 during trading hours on Friday, hitting $346.48. The company had a trading volume of 595,466 shares, compared to its average volume of 604,473. The company has a market capitalization of $57.56 billion, a PE ratio of 34.89, a price-to-earnings-growth ratio of 3.22 and a beta of 0.90. The stock has a 50-day moving average price of $341.73 and a 200 day moving average price of $321.94. Motorola Solutions, Inc. has a 52 week low of $269.64 and a 52 week high of $355.39. 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 (NYSE:MSI) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating the consensus estimate of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.38 earnings per share. On average, equities research analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were issued a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 1.13%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 39.48%.

About Motorola Solutions

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.