Park Place Capital Corp Has $76,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Park Place Capital Corp lowered its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 52.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 214 shares of the communications equipment provider’s stock after selling 234 shares during the quarter. Park Place Capital Corp’s holdings in Motorola Solutions were worth $76,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Capital World Investors boosted its stake in Motorola Solutions by 0.4% in the fourth quarter. Capital World Investors now owns 12,176,768 shares of the communications equipment provider’s stock worth $3,812,424,000 after purchasing an additional 44,279 shares in the last quarter. Raymond James & Associates boosted its stake in Motorola Solutions by 4.7% in the fourth quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock worth $674,896,000 after purchasing an additional 96,421 shares in the last quarter. Norges Bank acquired a new position in Motorola Solutions in the fourth quarter worth $646,341,000. JPMorgan Chase & Co. lifted its stake in shares of Motorola Solutions by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 1,605,900 shares of the communications equipment provider’s stock valued at $437,190,000 after acquiring an additional 36,061 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of Motorola Solutions by 67.8% during the third quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock valued at $324,614,000 after acquiring an additional 482,023 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insiders Place Their Bets

In other Motorola Solutions news, SVP James A. Niewiara sold 810 shares of the stock in a transaction dated Tuesday, May 7th. The stock was 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 directly owns 12,986 shares in the company, valued at $4,650,156.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Motorola Solutions news, CAO Katherine A. Maher sold 2,615 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the completion of the sale, the chief accounting officer now directly owns 1,138 shares in the company, valued at $403,625.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP James A. Niewiara sold 810 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total value of $290,052.90. Following the transaction, the senior vice president now owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The disclosure for this sale can be found here. Insiders sold 9,389 shares of company stock worth $3,446,461 over the last ninety days. 1.26% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on MSI. JPMorgan Chase & Co. upped their price target 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 began coverage on 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 upped their price target on Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research note on Friday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, June 3rd. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $358.86.

Motorola Solutions Trading Up 0.1 %

NYSE MSI opened at $386.37 on Tuesday. The stock has a 50-day simple moving average of $365.62 and a 200 day simple moving average of $342.28. The company has a market capitalization of $64.45 billion, a PE ratio of 47.76, a P/E/G ratio of 3.38 and a beta of 0.94. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $391.65.

Motorola Solutions (NYSE:MSI) last released 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. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The business had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.34 billion. Research analysts forecast that Motorola Solutions, Inc. will post 12.07 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.01%. Motorola Solutions’s dividend payout ratio (DPR) is currently 48.45%.

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.