Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,029 shares of the communications equipment provider’s stock after purchasing an additional 1,647 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Motorola Solutions were worth $6,045,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Beacon Pointe Advisors LLC increased its position in Motorola Solutions by 0.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 4,754 shares of the communications equipment provider’s stock worth $1,488,000 after purchasing an additional 32 shares in the last quarter. OmniStar Financial Group Inc. grew its stake in Motorola Solutions by 1.7% during the fourth quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock worth $636,000 after buying an additional 33 shares during the period. Valley National Advisers Inc. increased its position in shares of Motorola Solutions by 21.3% in the fourth quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock worth $58,000 after acquiring an additional 33 shares in the last quarter. Wedmont Private Capital raised its stake in shares of Motorola Solutions by 1.2% in the 1st quarter. Wedmont Private Capital now owns 2,788 shares of the communications equipment provider’s stock valued at $984,000 after acquiring an additional 34 shares during the period. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of Motorola Solutions by 4.8% during the 4th quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock valued at $264,000 after acquiring an additional 39 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Activity at Motorola Solutions

In related news, CAO Katherine A. Maher sold 2,615 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total value of $927,488.20. Following the sale, the chief accounting officer now directly owns 1,138 shares in the company, valued at approximately $403,625.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Kenneth D. Denman sold 690 shares of Motorola Solutions stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $373.11, for a total value of $257,445.90. Following the transaction, the director now owns 8,141 shares of the company’s stock, valued at approximately $3,037,488.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Katherine A. Maher sold 2,615 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total transaction of $927,488.20. Following the sale, the chief accounting officer now directly owns 1,138 shares of the company’s stock, valued at $403,625.84. The disclosure for this sale can be found here. Insiders sold 9,389 shares of company stock valued at $3,446,461 over the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Motorola Solutions Stock Performance

NYSE MSI traded down $0.35 on Friday, hitting $386.05. The stock had a trading volume of 1,737,726 shares, compared to its average volume of 644,296. The company’s 50-day moving average is $365.62 and its two-hundred day moving average is $342.08. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $391.65. The stock has a market cap of $64.39 billion, a price-to-earnings ratio of 47.72, a P/E/G ratio of 3.38 and a beta of 0.96. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share (EPS) for the quarter, topping 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, analysts expect that Motorola Solutions, Inc. will post 12.07 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is 48.45%.

Analyst Upgrades and Downgrades

MSI has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, June 3rd. JPMorgan Chase & Co. boosted their price objective on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. Barclays upped their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. Finally, Evercore ISI began coverage on Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 target price on the stock. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $358.86.

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.