Empirical Financial Services LLC d.b.a. Empirical Wealth Management Purchases 3,017 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSIGet Rating) by 28.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 13,658 shares of the communications equipment provider’s stock after buying an additional 3,017 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Motorola Solutions were worth $3,307,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Motorola Solutions by 6.9% in the first quarter. Vanguard Group Inc. now owns 19,827,404 shares of the communications equipment provider’s stock worth $4,802,197,000 after purchasing an additional 1,279,798 shares during the last quarter. BlackRock Inc. boosted its holdings in Motorola Solutions by 4.5% in the fourth quarter. BlackRock Inc. now owns 14,324,480 shares of the communications equipment provider’s stock worth $3,891,960,000 after purchasing an additional 616,253 shares during the last quarter. Capital World Investors boosted its holdings in Motorola Solutions by 2.7% in the fourth quarter. Capital World Investors now owns 10,153,849 shares of the communications equipment provider’s stock worth $2,758,801,000 after purchasing an additional 268,934 shares during the last quarter. State Street Corp boosted its stake in shares of Motorola Solutions by 3.3% during the 4th quarter. State Street Corp now owns 7,436,180 shares of the communications equipment provider’s stock worth $2,026,120,000 after acquiring an additional 234,410 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Motorola Solutions by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 3,117,405 shares of the communications equipment provider’s stock worth $844,840,000 after acquiring an additional 120,091 shares during the last quarter. Institutional investors own 83.96% of the company’s stock.

Insider Buying and Selling

In related news, SVP Cynthia Yazdi sold 500 shares of the business’s stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $254.29, for a total transaction of $127,145.00. Following the completion of the transaction, the senior vice president now owns 7,174 shares in the company, valued at approximately $1,824,276.46. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Motorola Solutions news, SVP Cynthia Yazdi sold 500 shares of the company’s stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $254.29, for a total transaction of $127,145.00. Following the transaction, the senior vice president now owns 7,174 shares in the company, valued at approximately $1,824,276.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gregory Q. Brown sold 69,229 shares of the company’s stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $255.80, for a total transaction of $17,708,778.20. Following the transaction, the chief executive officer now owns 70,308 shares in the company, valued at approximately $17,984,786.40. The disclosure for this sale can be found here. Insiders sold a total of 192,633 shares of company stock worth $49,086,646 in the last 90 days. 1.85% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

MSI has been the topic of several analyst reports. Credit Suisse Group lifted their price target on shares of Motorola Solutions to $301.00 in a research note on Tuesday, August 9th. Barclays lifted their target price on shares of Motorola Solutions to $305.00 in a research note on Tuesday, August 9th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Friday, August 5th. Cowen lifted their target price on shares of Motorola Solutions to $311.00 in a research note on Tuesday, August 9th. Finally, Morgan Stanley upgraded shares of Motorola Solutions from an “equal weight” rating to an “overweight” rating and set a $240.00 target price on the stock in a research note on Monday, May 23rd. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $287.11.

Motorola Solutions Trading Up 0.3 %

Shares of NYSE:MSI opened at $250.36 on Friday. The company has a market capitalization of $41.89 billion, a price-to-earnings ratio of 36.13, a PEG ratio of 3.05 and a beta of 0.91. Motorola Solutions, Inc. has a 12 month low of $195.18 and a 12 month high of $273.65. The firm’s 50-day moving average is $235.59 and its 200 day moving average is $225.66.

Motorola Solutions (NYSE:MSIGet Rating) last released its quarterly earnings data on Thursday, August 4th. The communications equipment provider reported $2.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.20. The company had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $2.06 billion. Motorola Solutions had a net margin of 14.22% and a negative return on equity of 571.78%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.94 EPS. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 9.09 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 15th will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $3.16 annualized dividend and a dividend yield of 1.26%. Motorola Solutions’s dividend payout ratio (DPR) is presently 45.60%.

Motorola Solutions Profile

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Motorola Solutions, Inc provides mission critical communications and analytics 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.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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