Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSIFree Report) by 83.7% in the first quarter, HoldingsChannel reports. The fund owned 252,834 shares of the communications equipment provider’s stock after buying an additional 115,205 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Motorola Solutions were worth $89,751,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Qube Research & Technologies Ltd increased its stake in shares of Motorola Solutions by 61.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock valued at $90,846,000 after acquiring an additional 126,517 shares during the last quarter. DekaBank Deutsche Girozentrale increased its position in Motorola Solutions by 2.2% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock worth $260,204,000 after purchasing an additional 17,807 shares in the last quarter. Corient Private Wealth LLC increased its position in Motorola Solutions by 15.6% during the 4th quarter. Corient Private Wealth LLC now owns 24,237 shares of the communications equipment provider’s stock worth $7,589,000 after purchasing an additional 3,278 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Motorola Solutions by 29.8% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 20,036 shares of the communications equipment provider’s stock worth $6,273,000 after purchasing an additional 4,594 shares in the last quarter. Finally, Capital International Sarl increased its position in Motorola Solutions by 13.8% during the 4th quarter. Capital International Sarl now owns 57,227 shares of the communications equipment provider’s stock worth $17,917,000 after purchasing an additional 6,918 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Activity

In other news, SVP Rajan Naik sold 5,274 shares of the stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the completion of the transaction, the senior vice president now directly owns 8,939 shares in the company, valued at approximately $3,341,487.59. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the transaction, the senior vice president now directly owns 8,939 shares in the company, valued at $3,341,487.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP James A. Niewiara sold 810 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total value of $290,052.90. Following the transaction, the senior vice president now owns 12,986 shares in the company, valued at $4,650,156.74. The disclosure for this sale can be found here. In the last three months, insiders sold 9,389 shares of company stock worth $3,446,461. 1.26% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on MSI. Barclays increased their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Evercore ISI began coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 target price for the company. Deutsche Bank Aktiengesellschaft increased their target price on shares of Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, June 3rd. Finally, JPMorgan Chase & Co. upped their price target on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a 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 MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $358.86.

Check Out Our Latest Report on Motorola Solutions

Motorola Solutions Stock Up 0.2 %

NYSE MSI traded up $0.78 on Wednesday, reaching $383.60. The company had a trading volume of 598,195 shares, compared to its average volume of 576,995. The firm has a market capitalization of $63.98 billion, a PE ratio of 47.42, a P/E/G ratio of 3.35 and a beta of 0.96. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $384.63. The firm has a 50-day moving average of $358.59 and a 200-day moving average of $338.84. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01.

Motorola Solutions (NYSE:MSIGet Free Report) last released its earnings results 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. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.07 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced 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. This represents a $3.92 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 48.45%.

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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