Trust Co. of Vermont boosted its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 9.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 302 shares of the communications equipment provider’s stock after purchasing an additional 27 shares during the period. Trust Co. of Vermont’s holdings in Motorola Solutions were worth $136,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Beacon Capital Management LLC raised its stake in shares of Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 28 shares in the last quarter. Range Financial Group LLC lifted its holdings in Motorola Solutions by 2.0% in the second quarter. Range Financial Group LLC now owns 1,424 shares of the communications equipment provider’s stock valued at $550,000 after acquiring an additional 28 shares during the period. Rehmann Capital Advisory Group boosted its position in shares of Motorola Solutions by 1.0% during the 1st quarter. Rehmann Capital Advisory Group now owns 2,910 shares of the communications equipment provider’s stock worth $1,033,000 after purchasing an additional 30 shares in the last quarter. Forum Financial Management LP boosted its position in shares of Motorola Solutions by 2.3% during the 2nd quarter. Forum Financial Management LP now owns 1,350 shares of the communications equipment provider’s stock worth $521,000 after purchasing an additional 30 shares in the last quarter. Finally, Anchor Investment Management LLC grew its stake in shares of Motorola Solutions by 7.7% during the 2nd quarter. Anchor Investment Management LLC now owns 419 shares of the communications equipment provider’s stock worth $162,000 after purchasing an additional 30 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Analyst Ratings Changes
MSI has been the subject of several recent analyst reports. Bank of America raised 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. lifted their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Evercore ISI upped their price target on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Finally, Barclays boosted their target price on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $466.17.
Insider Buying and Selling
In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the transaction, the chief operating officer now owns 46,821 shares of the company’s stock, valued at $19,079,557.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.50% of the stock is owned by company insiders.
Motorola Solutions Price Performance
Shares of NYSE:MSI opened at $475.20 on Friday. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. The business’s fifty day moving average price is $442.98 and its two-hundred day moving average price is $396.97. The stock has a market cap of $79.26 billion, a PE ratio of 58.74, a price-to-earnings-growth ratio of 4.07 and a beta of 0.97. Motorola Solutions, Inc. has a one year low of $271.73 and a one year high of $480.28.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.23. The firm had revenue of $2.63 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.41 EPS. On average, analysts forecast that Motorola Solutions, Inc. will post 12.22 EPS for the current fiscal year.
Motorola Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were paid a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend was Friday, September 13th. Motorola Solutions’s payout ratio is 48.45%.
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.
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