Motorola Solutions Inc (MSI) Major Shareholder Motorola Solutions, Inc. Sells 949,779 Shares

Motorola Solutions Inc (NYSE:MSI) major shareholder Motorola Solutions, Inc. sold 949,779 shares of Motorola Solutions stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $15.00, for a total value of $14,246,685.00. The sale was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Motorola Solutions Inc (NYSE MSI) traded up $3.02 on Friday, reaching $96.57. The company had a trading volume of 1,874,908 shares, compared to its average volume of 867,645. The company has a market cap of $15,155.08, a P/E ratio of 24.70, a PEG ratio of 3.95 and a beta of 0.35. Motorola Solutions Inc has a twelve month low of $76.92 and a twelve month high of $97.18. The company has a debt-to-equity ratio of -5.41, a current ratio of 1.30 and a quick ratio of 1.16.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.40 by $0.13. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.37 EPS. sell-side analysts predict that Motorola Solutions Inc will post 5.13 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 15th were paid a $0.52 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a yield of 2.15%. Motorola Solutions’s payout ratio is 53.20%.

MSI has been the subject of several research analyst reports. Zacks Investment Research upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $96.00 target price for the company in a research note on Wednesday, September 20th. Jefferies Group reiterated a “buy” rating and set a $105.00 target price on shares of Motorola Solutions in a research note on Friday, October 6th. Cleveland Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating in a research note on Friday, October 6th. ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, Deutsche Bank upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research note on Friday. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $95.08.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Gyroscope Capital Management Group LLC boosted its stake in Motorola Solutions by 1.0% in the 2nd quarter. Gyroscope Capital Management Group LLC now owns 3,347 shares of the communications equipment provider’s stock valued at $290,000 after purchasing an additional 32 shares during the period. D.A. Davidson & CO. boosted its stake in Motorola Solutions by 2.4% in the 2nd quarter. D.A. Davidson & CO. now owns 2,473 shares of the communications equipment provider’s stock valued at $214,000 after purchasing an additional 59 shares during the period. Oppenheimer & Co. Inc. boosted its stake in Motorola Solutions by 1.6% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 4,569 shares of the communications equipment provider’s stock valued at $396,000 after purchasing an additional 73 shares during the period. Thrivent Financial For Lutherans raised its holdings in Motorola Solutions by 2.3% in the 2nd quarter. Thrivent Financial For Lutherans now owns 6,290 shares of the communications equipment provider’s stock valued at $545,000 after acquiring an additional 140 shares in the last quarter. Finally, Stephens Inc. AR raised its holdings in Motorola Solutions by 2.0% in the 2nd quarter. Stephens Inc. AR now owns 7,361 shares of the communications equipment provider’s stock valued at $638,000 after acquiring an additional 143 shares in the last quarter. Institutional investors and hedge funds own 87.78% of the company’s stock.

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Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

Insider Buying and Selling by Quarter for Motorola Solutions (NYSE:MSI)

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