Hexagon Capital Partners LLC Buys 37 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Hexagon Capital Partners LLC raised its stake in Motorola Solutions, Inc. (NYSE:MSI) by 78.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 84 shares of the communications equipment provider’s stock after buying an additional 37 shares during the period. Hexagon Capital Partners LLC’s holdings in Motorola Solutions were worth $30,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MSI. Beacon Pointe Advisors LLC boosted its holdings in Motorola Solutions by 0.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 4,754 shares of the communications equipment provider’s stock valued at $1,488,000 after acquiring an additional 32 shares during the last quarter. OmniStar Financial Group Inc. increased its position in shares of Motorola Solutions by 1.7% during the fourth quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock worth $636,000 after buying an additional 33 shares during the period. Valley National Advisers Inc. raised its stake in Motorola Solutions by 21.3% during the fourth quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock worth $58,000 after buying an additional 33 shares during the last quarter. Wedmont Private Capital lifted its holdings in Motorola Solutions by 1.2% in the first quarter. Wedmont Private Capital now owns 2,788 shares of the communications equipment provider’s stock valued at $984,000 after buying an additional 34 shares during the period. Finally, Valeo Financial Advisors LLC boosted its position in Motorola Solutions by 4.8% during the fourth quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock valued at $264,000 after acquiring an additional 39 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.1 %

NYSE:MSI opened at $386.37 on Tuesday. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $391.65. The company has a market cap of $64.45 billion, a PE ratio of 47.76, a PEG ratio of 3.38 and a beta of 0.94. The firm has a 50-day moving average of $365.62 and a 200-day moving average of $342.28.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $2.56 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $2.34 billion. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 12.07 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be paid a $0.98 dividend. The ex-dividend date is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.01%. Motorola Solutions’s payout ratio is 48.45%.

Insider Activity

In other Motorola Solutions news, SVP James A. Niewiara sold 810 shares of the stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the completion of the sale, the senior vice president now owns 12,986 shares in the company, valued at approximately $4,650,156.74. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CAO Katherine A. Maher sold 2,615 shares of the firm’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 completion of the sale, the chief accounting officer now owns 1,138 shares in the company, valued at $403,625.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP James A. Niewiara sold 810 shares of Motorola Solutions stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the completion of the sale, the senior vice president now directly owns 12,986 shares in the company, valued at approximately $4,650,156.74. The disclosure for this sale can be found here. Insiders sold a total of 9,389 shares of company stock worth $3,446,461 over the last quarter. Insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. 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 note on Friday, May 3rd. Evercore ISI started coverage on Motorola Solutions in a research note on Monday, March 25th. They issued an “outperform” rating and a $400.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, June 3rd. Finally, Barclays boosted their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. 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, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $358.86.

Motorola Solutions Company 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.