Little House Capital LLC Makes New Investment in Motorola Solutions, Inc. (NYSE:MSI)

Little House Capital LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,965 shares of the communications equipment provider’s stock, valued at approximately $698,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital World Investors raised its holdings in Motorola Solutions by 0.4% in the fourth quarter. Capital World Investors now owns 12,176,768 shares of the communications equipment provider’s stock valued at $3,812,424,000 after acquiring an additional 44,279 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Motorola Solutions by 4.7% in the 4th quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock valued at $674,896,000 after purchasing an additional 96,421 shares in the last quarter. Norges Bank purchased a new stake in shares of Motorola Solutions during the 4th quarter worth $646,341,000. JPMorgan Chase & Co. grew its stake in shares of Motorola Solutions by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 1,605,900 shares of the communications equipment provider’s stock worth $437,190,000 after purchasing an additional 36,061 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Motorola Solutions by 67.8% in the third quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock valued at $324,614,000 after buying an additional 482,023 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MSI. Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, June 3rd. JPMorgan Chase & Co. upped their price target on Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a report on Friday, May 3rd. Barclays raised their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. Finally, Evercore ISI initiated coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and a consensus price target of $358.86.

Insider Buying and Selling at Motorola Solutions

In other news, CAO Katherine A. Maher sold 2,615 shares of the firm’s stock in a transaction 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 completion of the sale, the chief accounting officer now owns 1,138 shares in the company, valued at approximately $403,625.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, SVP James A. Niewiara sold 810 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the transaction, the senior vice president now owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Katherine A. Maher sold 2,615 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total transaction of $927,488.20. Following the transaction, the chief accounting officer now directly owns 1,138 shares in the company, valued at $403,625.84. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,389 shares of company stock valued at $3,446,461. 1.26% of the stock is owned by company insiders.

Motorola Solutions Stock Performance

NYSE:MSI traded down $0.38 during trading hours on Monday, reaching $385.67. 205,479 shares of the company’s stock were exchanged, compared to its average volume of 666,358. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $391.65. 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 firm has a market capitalization of $64.33 billion, a price-to-earnings ratio of 47.55, a P/E/G ratio of 3.38 and a beta of 0.94. The company has a 50-day moving average of $365.62 and a 200 day moving average of $342.28.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.29. The business had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.34 billion. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. Research analysts anticipate that Motorola Solutions, Inc. will post 12.07 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced 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. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Friday, June 14th. Motorola Solutions’s payout ratio is currently 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.