Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Little House Capital LLC

Little House Capital LLC lowered its position in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 7.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,828 shares of the communications equipment provider’s stock after selling 148 shares during the period. Little House Capital LLC’s holdings in Motorola Solutions were worth $822,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ lifted its position in shares of Motorola Solutions by 32.9% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 358,011 shares of the communications equipment provider’s stock valued at $138,210,000 after acquiring an additional 88,603 shares during the period. Magnolia Capital Advisors LLC acquired a new position in shares of Motorola Solutions during the 2nd quarter worth approximately $19,694,000. State Board of Administration of Florida Retirement System raised its position in shares of Motorola Solutions by 8.9% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 189,360 shares of the communications equipment provider’s stock worth $67,219,000 after purchasing an additional 15,488 shares during the last quarter. First Foundation Advisors raised its position in shares of Motorola Solutions by 37.7% during the 1st quarter. First Foundation Advisors now owns 354 shares of the communications equipment provider’s stock worth $126,000 after purchasing an additional 97 shares during the last quarter. Finally, Heritage Wealth Management Inc. acquired a new position in shares of Motorola Solutions during the 2nd quarter worth approximately $790,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Buying and Selling

In related news, COO John P. Molloy sold 23,985 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the sale, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.50% of the stock is owned by corporate insiders.

Motorola Solutions Trading Up 0.5 %

Shares of NYSE MSI traded up $2.53 during trading on Monday, hitting $477.73. 175,588 shares of the company traded hands, compared to its average volume of 662,405. Motorola Solutions, Inc. has a 1 year low of $271.73 and a 1 year high of $480.28. The company has a 50-day moving average price of $442.98 and a 200-day moving average price of $397.30. The firm has a market capitalization of $79.69 billion, a P/E ratio of 58.74, a P/E/G ratio of 4.07 and a beta of 0.97. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 7.03.

Motorola Solutions (NYSE:MSIGet Free Report) last announced its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.23. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The company had revenue of $2.63 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the previous year, the company earned $2.41 EPS. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, equities analysts predict that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were given a dividend of $0.98 per share. The ex-dividend date was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a yield of 0.82%. Motorola Solutions’s dividend payout ratio (DPR) is 48.45%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Barclays lifted their price objective on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Bank of America lifted their target price on shares of Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th. JPMorgan Chase & Co. lifted their target price on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, Evercore ISI lifted their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $466.17.

Read Our Latest Stock Report on MSI

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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