MCF Advisors LLC Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

MCF Advisors LLC boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 12.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 541 shares of the communications equipment provider’s stock after purchasing an additional 61 shares during the period. MCF Advisors LLC’s holdings in Motorola Solutions were worth $192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSI. Private Wealth Management Group LLC acquired a new stake in Motorola Solutions during the fourth quarter worth about $29,000. Rise Advisors LLC purchased a new position in shares of Motorola Solutions during the 1st quarter valued at approximately $29,000. Northwest Capital Management Inc increased its holdings in shares of Motorola Solutions by 71.4% during the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 40 shares in the last quarter. Motco lifted its stake in shares of Motorola Solutions by 137.5% in the 4th quarter. Motco now owns 95 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 55 shares during the period. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in Motorola Solutions during the fourth quarter worth $36,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Motorola Solutions Stock Performance

NYSE MSI opened at $386.05 on Friday. 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 stock’s 50 day simple moving average is $365.62 and its 200-day simple moving average is $342.18. The company has a market cap of $64.39 billion, a PE ratio of 47.72, a price-to-earnings-growth ratio of 3.38 and a beta of 0.96. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $391.65.

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 the consensus estimate of $2.27 by $0.29. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The firm had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.34 billion. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.07 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 14th will be given a dividend of $0.98 per share. The ex-dividend date is Friday, June 14th. This represents a $3.92 dividend on an annualized basis and a yield of 1.02%. Motorola Solutions’s payout ratio is presently 48.45%.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, Director Kenneth D. Denman sold 690 shares of the firm’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $373.11, for a total value of $257,445.90. Following the transaction, the director now directly owns 8,141 shares of the company’s stock, valued at approximately $3,037,488.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Motorola Solutions news, Director Kenneth D. Denman sold 690 shares of the firm’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $373.11, for a total value of $257,445.90. Following the completion of the sale, the director now directly owns 8,141 shares of the company’s stock, valued at approximately $3,037,488.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Katherine A. Maher sold 2,615 shares of the business’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 transaction, the chief accounting officer now directly owns 1,138 shares in the company, valued at approximately $403,625.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,389 shares of company stock valued at $3,446,461. Corporate insiders own 1.50% of the company’s stock.

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.