Cyrus J. Lawrence LLC Purchases 182 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Cyrus J. Lawrence LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,305 shares of the communications equipment provider’s stock after purchasing an additional 182 shares during the period. Motorola Solutions comprises about 1.8% of Cyrus J. Lawrence LLC’s portfolio, making the stock its 23rd largest position. Cyrus J. Lawrence LLC’s holdings in Motorola Solutions were worth $8,996,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Swedbank AB increased its position in shares of Motorola Solutions by 215.7% during the second quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock valued at $395,298,000 after acquiring an additional 699,615 shares during the last quarter. Wulff Hansen & CO. raised its stake in shares of Motorola Solutions by 38,505.0% during the 2nd quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock worth $268,858,000 after purchasing an additional 694,630 shares during the period. Groupama Asset Managment bought a new stake in shares of Motorola Solutions during the 4th quarter worth $178,361,000. National Bank of Canada FI boosted its holdings in shares of Motorola Solutions by 428.2% in the 2nd quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock worth $193,798,000 after buying an additional 406,638 shares during the last quarter. Finally, Alphinity Investment Management Pty Ltd grew its position in Motorola Solutions by 36.5% during the first quarter. Alphinity Investment Management Pty Ltd now owns 1,478,757 shares of the communications equipment provider’s stock valued at $524,929,000 after buying an additional 395,096 shares during the period. 84.17% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, COO John P. Molloy sold 23,985 shares of the business’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the transaction, the chief operating officer now directly owns 46,821 shares in the company, valued at $19,079,557.50. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.50% of the stock is currently owned by company insiders.

Motorola Solutions Stock Performance

NYSE:MSI opened at $442.57 on Monday. The business’s fifty day moving average is $418.74 and its 200 day moving average is $381.46. The firm has a market cap of $73.82 billion, a price-to-earnings ratio of 54.71, a PEG ratio of 3.80 and a beta of 0.97. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $448.98.

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

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $3.92 annualized dividend and a dividend yield of 0.89%. Motorola Solutions’s payout ratio is currently 48.45%.

Analyst Upgrades and Downgrades

MSI has been the topic of several research reports. Bank of America lifted their price objective on shares of Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Jefferies Financial Group upped their price objective on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. JPMorgan Chase & Co. increased their price objective on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Barclays boosted their target price on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, Evercore ISI increased their price target on 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, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $466.17.

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.