Quadrature Capital Ltd Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Quadrature Capital Ltd raised its holdings in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 971.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 35,228 shares of the communications equipment provider’s stock after buying an additional 31,939 shares during the period. Quadrature Capital Ltd’s holdings in Motorola Solutions were worth $11,034,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Private Wealth Management Group LLC bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $29,000. Northwest Capital Management Inc increased its holdings in Motorola Solutions by 71.4% during the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares during the period. Motco raised its position in Motorola Solutions by 137.5% during the 4th quarter. Motco now owns 95 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 55 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new stake in Motorola Solutions during the 4th quarter valued at $36,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in shares of Motorola Solutions in the 4th quarter worth $38,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 2,615 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total transaction of $927,488.20. Following the sale, the chief accounting officer now owns 1,138 shares in the company, valued at approximately $403,625.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, SVP James A. Niewiara sold 810 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total transaction of $290,052.90. Following the completion of the transaction, the senior vice president now directly owns 12,986 shares in the company, valued at $4,650,156.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Katherine A. Maher sold 2,615 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total transaction of $927,488.20. Following the completion of the sale, the chief accounting officer now directly owns 1,138 shares in the company, valued at $403,625.84. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Motorola Solutions Stock Up 0.2 %

NYSE:MSI traded up $0.59 during midday trading on Friday, reaching $371.06. 400,032 shares of the stock traded hands, compared to its average volume of 593,342. The business has a 50-day moving average of $354.84 and a two-hundred day moving average of $335.79. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $373.75. The stock has a market capitalization of $61.89 billion, a PE ratio of 45.87, a price-to-earnings-growth ratio of 3.24 and a beta of 0.96.

Motorola Solutions (NYSE:MSIGet Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $2.56 EPS for the quarter, beating the consensus estimate of $2.27 by $0.29. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The firm had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.34 billion. On average, equities analysts forecast that Motorola Solutions, Inc. will post 12.07 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.98 per share. The ex-dividend date is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.06%. Motorola Solutions’s payout ratio is currently 48.45%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Evercore ISI assumed coverage on Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price objective for the company. William Blair restated an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Barclays increased their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research note on Friday, May 3rd. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Finally, JPMorgan Chase & Co. increased their target price on Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $358.86.

View Our Latest Research Report on Motorola Solutions

Motorola Solutions 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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