6,200 Shares in Motorola Solutions Inc (NYSE:MSI) Acquired by Polianta Ltd

Polianta Ltd purchased a new position in shares of Motorola Solutions Inc (NYSE:MSI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,200 shares of the communications equipment provider’s stock, valued at approximately $1,056,000.

Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. grew its stake in shares of Motorola Solutions by 2.8% in the second quarter. BlackRock Inc. now owns 18,559,331 shares of the communications equipment provider’s stock valued at $3,094,399,000 after buying an additional 502,772 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Motorola Solutions by 2.1% in the second quarter. Vanguard Group Inc. now owns 18,335,326 shares of the communications equipment provider’s stock valued at $3,057,049,000 after buying an additional 371,731 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Motorola Solutions by 29.4% in the second quarter. Price T Rowe Associates Inc. MD now owns 6,015,325 shares of the communications equipment provider’s stock valued at $1,002,935,000 after buying an additional 1,367,124 shares in the last quarter. Invesco Ltd. grew its stake in shares of Motorola Solutions by 233.8% in the second quarter. Invesco Ltd. now owns 5,470,553 shares of the communications equipment provider’s stock valued at $912,106,000 after buying an additional 3,831,921 shares in the last quarter. Finally, Parnassus Investments CA grew its stake in shares of Motorola Solutions by 0.4% in the second quarter. Parnassus Investments CA now owns 4,136,173 shares of the communications equipment provider’s stock valued at $689,624,000 after buying an additional 16,391 shares in the last quarter. 87.22% of the stock is owned by institutional investors.

In other Motorola Solutions news, Chairman Gregory Q. Brown sold 264,635 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $176.80, for a total transaction of $46,787,468.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Rajan Naik sold 9,408 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $171.55, for a total value of $1,613,942.40. The disclosure for this sale can be found here. Insiders have sold a total of 5,958,449 shares of company stock valued at $1,047,392,724 in the last ninety days. Insiders own 2.99% of the company’s stock.

Motorola Solutions stock traded up $0.44 during mid-day trading on Wednesday, hitting $171.19. 19,568 shares of the company’s stock traded hands, compared to its average volume of 1,020,136. The firm has a 50 day simple moving average of $172.15 and a two-hundred day simple moving average of $160.49. Motorola Solutions Inc has a fifty-two week low of $108.25 and a fifty-two week high of $182.28. The stock has a market cap of $27.85 billion, a price-to-earnings ratio of 25.08, a P/E/G ratio of 2.99 and a beta of 0.59.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, August 1st. The communications equipment provider reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.17. Motorola Solutions had a negative return on equity of 105.22% and a net margin of 13.47%. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter last year, the firm posted $1.46 EPS. The company’s quarterly revenue was up 5.7% on a year-over-year basis. Equities research analysts forecast that Motorola Solutions Inc will post 7.35 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.33%. The ex-dividend date is Thursday, September 12th. Motorola Solutions’s dividend payout ratio is 33.38%.

Several research firms recently weighed in on MSI. Credit Suisse Group reissued a “buy” rating and issued a $189.00 target price on shares of Motorola Solutions in a research note on Tuesday, September 10th. Jefferies Financial Group set a $200.00 target price on shares of Motorola Solutions and gave the company a “buy” rating in a research note on Wednesday, August 21st. MKM Partners raised their target price on shares of Motorola Solutions to $170.00 in a research note on Friday, August 2nd. Northcoast Research cut shares of Motorola Solutions from a “buy” rating to a “neutral” rating and set a $171.53 target price for the company. in a research note on Wednesday, July 17th. Finally, Argus raised their target price on shares of Motorola Solutions from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, July 17th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $164.93.

About Motorola Solutions

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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