799 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by &Partners

&Partners purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 799 shares of the communications equipment provider’s stock, valued at approximately $308,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MSI. Vinland Capital Management Gestora de Recursos LTDA. acquired a new position in shares of Motorola Solutions in the 2nd quarter worth approximately $2,255,000. Oak Family Advisors LLC raised its holdings in Motorola Solutions by 1.8% during the 2nd quarter. Oak Family Advisors LLC now owns 1,918 shares of the communications equipment provider’s stock worth $740,000 after purchasing an additional 34 shares during the last quarter. American National Bank lifted its position in Motorola Solutions by 2.7% during the 2nd quarter. American National Bank now owns 6,515 shares of the communications equipment provider’s stock valued at $2,515,000 after purchasing an additional 170 shares during the period. Busey Bank boosted its stake in shares of Motorola Solutions by 15.6% in the 2nd quarter. Busey Bank now owns 740 shares of the communications equipment provider’s stock valued at $286,000 after purchasing an additional 100 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC bought a new position in shares of Motorola Solutions in the 2nd quarter valued at about $621,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the sale, the chief operating officer now directly owns 46,821 shares in the company, valued at approximately $19,079,557.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, COO John P. Molloy sold 23,985 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total value of $9,773,887.50. Following the completion of the transaction, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kenneth D. Denman sold 690 shares of Motorola Solutions stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $373.11, for a total value of $257,445.90. Following the completion of the sale, the director now directly owns 8,141 shares in the company, valued at approximately $3,037,488.51. The disclosure for this sale can be found here. In the last three months, insiders sold 29,949 shares of company stock worth $12,002,807. 1.50% of the stock is owned by company insiders.

Motorola Solutions Trading Up 1.4 %

Shares of NYSE MSI opened at $430.40 on Monday. Motorola Solutions, Inc. has a twelve month low of $269.64 and a twelve month high of $430.76. The stock has a market cap of $71.79 billion, a price-to-earnings ratio of 53.20, a P/E/G ratio of 3.48 and a beta of 0.94. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16. The company’s fifty day moving average is $398.30 and its 200-day moving average is $365.90.

Motorola Solutions (NYSE:MSI) last posted its earnings results 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. Motorola Solutions had a return on equity of 378.15% and a net margin of 14.04%. The firm had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same period in the previous year, the company posted $2.41 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. Equities research analysts predict that Motorola Solutions, Inc. will post 12.09 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on MSI shares. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Barclays upped their target price on shares of Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Finally, Bank of America upped their price objective on Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $437.40.

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.