Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 3.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,632 shares of the communications equipment provider’s stock after purchasing an additional 47 shares during the period. International Assets Investment Management LLC’s holdings in Motorola Solutions were worth $630,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. MFA Wealth Advisors LLC purchased a new position in Motorola Solutions in the second quarter valued at approximately $25,000. Beacon Capital Management LLC raised its stake in shares of Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 28 shares during the period. LRI Investments LLC lifted its holdings in shares of Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 61 shares in the last quarter. Crewe Advisors LLC purchased a new stake in Motorola Solutions during the 1st quarter worth $28,000. Finally, Private Wealth Management Group LLC purchased a new stake in Motorola Solutions during the 4th quarter worth $29,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Motorola Solutions

In related news, Director Kenneth D. Denman sold 690 shares of the firm’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $373.11, for a total transaction of $257,445.90. Following the transaction, the director now directly owns 8,141 shares in the company, valued at $3,037,488.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Kenneth D. Denman sold 690 shares of the stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $373.11, for a total transaction of $257,445.90. Following the sale, the director now owns 8,141 shares in the company, valued at $3,037,488.51. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Rajan Naik sold 5,274 shares of Motorola Solutions stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $373.81, for a total value of $1,971,473.94. Following the completion of the transaction, the senior vice president now owns 8,939 shares of the company’s stock, valued at $3,341,487.59. The disclosure for this sale can be found here. In the last quarter, insiders sold 29,949 shares of company stock worth $12,002,807. 1.50% of the stock is currently owned by corporate insiders.

Motorola Solutions Stock Up 1.1 %

Shares of NYSE:MSI opened at $442.04 on Friday. The firm has a market cap of $73.75 billion, a PE ratio of 54.64, a price-to-earnings-growth ratio of 3.85 and a beta of 0.94. The company has a fifty day simple moving average of $403.43 and a 200 day simple moving average of $369.13. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 7.03. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $443.88.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.23. The company had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the business earned $2.41 EPS. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.22 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th will be issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date is Friday, September 13th. Motorola Solutions’s dividend payout ratio is presently 48.45%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th. Barclays upped their price target on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Bank of America lifted their price objective on shares of Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. JPMorgan Chase & Co. upped their target price on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, Evercore ISI raised their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Friday. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Motorola Solutions presently has an average rating of “Buy” and an average target price of $457.40.

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.