Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Golden State Wealth Management LLC

Golden State Wealth Management LLC increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 170.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 138 shares of the communications equipment provider’s stock after acquiring an additional 87 shares during the period. Golden State Wealth Management LLC’s holdings in Motorola Solutions were worth $60,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in MSI. ORG Wealth Partners LLC grew its stake in Motorola Solutions by 346.2% during the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider’s stock worth $25,000 after buying an additional 45 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Motorola Solutions during the 4th quarter worth $30,000. Meeder Asset Management Inc. bought a new position in Motorola Solutions during the 4th quarter worth $32,000. Community Bank N.A. bought a new position in Motorola Solutions during the 1st quarter worth $32,000. Finally, Fourth Dimension Wealth LLC bought a new position in Motorola Solutions during the 4th quarter worth $34,000. 84.17% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm’s stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the transaction, the chief accounting officer owned 804 shares of the company’s stock, valued at $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.44% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently commented on MSI. Barclays lowered their price objective on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. JPMorgan Chase & Co. decreased their price target on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Finally, Wall Street Zen cut Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $513.25.

Motorola Solutions Trading Up 0.1%

NYSE:MSI opened at $419.20 on Tuesday. Motorola Solutions, Inc. has a 1 year low of $384.51 and a 1 year high of $507.82. The stock has a market cap of $69.97 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 3.60 and a beta of 0.96. The business has a fifty day moving average of $417.61 and a 200-day moving average of $434.83. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter last year, the business posted $2.81 earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. Equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions’s dividend payout ratio is currently 36.39%.

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.