SRN Advisors LLC Buys 126 Shares of Motorola Solutions, Inc. (NYSE:MSI)

SRN Advisors LLC increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 5.0% during the first quarter, Holdings Channel.com reports. The firm owned 2,629 shares of the communications equipment provider’s stock after purchasing an additional 126 shares during the quarter. SRN Advisors LLC’s holdings in Motorola Solutions were worth $933,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Pinnacle Associates Ltd. raised its holdings in Motorola Solutions by 6.6% during the fourth quarter. Pinnacle Associates Ltd. now owns 1,198 shares of the communications equipment provider’s stock valued at $375,000 after acquiring an additional 74 shares during the period. Fifth Third Bancorp raised its holdings in Motorola Solutions by 4.2% during the fourth quarter. Fifth Third Bancorp now owns 6,379 shares of the communications equipment provider’s stock valued at $1,997,000 after acquiring an additional 256 shares during the period. AdvisorNet Financial Inc raised its holdings in Motorola Solutions by 73.4% during the fourth quarter. AdvisorNet Financial Inc now owns 770 shares of the communications equipment provider’s stock valued at $241,000 after acquiring an additional 326 shares during the period. Miracle Mile Advisors LLC bought a new stake in Motorola Solutions during the fourth quarter valued at about $235,000. Finally, First Citizens Bank & Trust Co. bought a new stake in Motorola Solutions during the fourth quarter valued at about $216,000. 84.17% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Rajan Naik sold 5,274 shares of Motorola Solutions stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $373.81, for a total value of $1,971,473.94. Following the completion of the transaction, the senior vice president now owns 8,939 shares in the company, valued at $3,341,487.59. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Motorola Solutions news, SVP Rajan Naik sold 5,274 shares of the business’s 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 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 can be accessed through this link. Also, 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 transaction, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at approximately $403,625.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,389 shares of company stock worth $3,446,461. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on MSI. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a report on Monday, June 3rd. Barclays raised their price target on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a report on Friday. JPMorgan Chase & Co. raised their price objective on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Bank of America raised their price objective on Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $393.14.

Motorola Solutions Trading Up 2.9 %

MSI traded up $11.72 on Friday, hitting $410.30. The company had a trading volume of 1,293,684 shares, compared to its average volume of 596,837. The company has a market cap of $68.44 billion, a PE ratio of 50.72, a PEG ratio of 3.48 and a beta of 0.94. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $410.67. 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 business’s fifty day simple moving average is $384.10 and its 200 day simple moving average is $356.07.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 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 analyst estimates of $2.34 billion. Motorola Solutions had a return on equity of 378.15% and a net margin of 14.04%. Equities research analysts expect that Motorola Solutions, Inc. will post 12.09 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 14th were given a $0.98 dividend. The ex-dividend date was Friday, June 14th. This represents a $3.92 annualized dividend and a yield of 0.96%. Motorola Solutions’s dividend 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.