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

Geneva Capital Management LLC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 22.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,816 shares of the communications equipment provider’s stock after buying an additional 1,084 shares during the period. Geneva Capital Management LLC’s holdings in Motorola Solutions were worth $2,065,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. WBI Investments LLC raised its stake in shares of Motorola Solutions by 134.0% during the 1st quarter. WBI Investments LLC now owns 1,893 shares of the communications equipment provider’s stock worth $672,000 after buying an additional 1,084 shares in the last quarter. Signaturefd LLC grew its stake in Motorola Solutions by 4.9% in the 1st quarter. Signaturefd LLC now owns 2,759 shares of the communications equipment provider’s stock valued at $979,000 after acquiring an additional 128 shares during the last quarter. Catalina Capital Group LLC increased its holdings in Motorola Solutions by 76.8% during the 1st quarter. Catalina Capital Group LLC now owns 1,179 shares of the communications equipment provider’s stock valued at $419,000 after acquiring an additional 512 shares in the last quarter. Avidian Wealth Solutions LLC acquired a new position in Motorola Solutions during the first quarter worth about $228,000. Finally, Mediolanum International Funds Ltd acquired a new stake in shares of Motorola Solutions in the first quarter valued at approximately $8,616,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP Rajan Naik sold 5,274 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the completion of the sale, the senior vice president now owns 8,939 shares in the company, valued at $3,341,487.59. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, SVP James A. Niewiara sold 810 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total transaction of $290,052.90. Following the completion of 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 SEC, which is accessible through this hyperlink. Also, SVP Rajan Naik sold 5,274 shares of the stock in a transaction dated 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 sale, the senior vice president now directly owns 8,939 shares in the company, valued at approximately $3,341,487.59. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,389 shares of company stock valued at $3,446,461. Corporate insiders own 1.26% of the company’s stock.

Motorola Solutions Stock Down 0.6 %

MSI traded down $2.36 during trading hours on Thursday, reaching $388.69. 604,886 shares of the stock traded hands, compared to its average volume of 663,536. The firm’s fifty day simple moving average is $372.61 and its two-hundred day simple moving average is $346.32. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. The company has a market cap of $64.83 billion, a price-to-earnings ratio of 48.34, a PEG ratio of 3.42 and a beta of 0.94. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $392.80.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.29. The firm had revenue of $2.39 billion for 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%. As a group, analysts forecast that Motorola Solutions, Inc. will post 12.07 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared 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 is Friday, June 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.01%. Motorola Solutions’s dividend payout ratio (DPR) is 48.45%.

Analyst Upgrades and Downgrades

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

About Motorola Solutions

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.