8,490 Shares in Motorola Solutions, Inc. $MSI Bought by R Squared Ltd

R Squared Ltd purchased a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,490 shares of the communications equipment provider's stock, valued at approximately $3,254,000. Motorola Solutions comprises about 1.5% of R Squared Ltd's holdings, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Motorola Solutions by 1.3% in the third quarter. Vanguard Group Inc. now owns 22,171,959 shares of the communications equipment provider's stock worth $10,139,015,000 after buying an additional 286,366 shares during the last quarter. Capital World Investors increased its stake in shares of Motorola Solutions by 5.5% in the third quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider's stock worth $4,292,310,000 after buying an additional 490,354 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Motorola Solutions by 0.9% in the third quarter. Raymond James Financial Inc. now owns 3,433,482 shares of the communications equipment provider's stock worth $1,570,096,000 after buying an additional 31,744 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Motorola Solutions by 35.2% during the second quarter. Ameriprise Financial Inc. now owns 1,355,159 shares of the communications equipment provider's stock valued at $568,930,000 after purchasing an additional 353,113 shares during the last quarter. Finally, Ninety One UK Ltd increased its stake in Motorola Solutions by 74.3% during the fourth quarter. Ninety One UK Ltd now owns 1,338,589 shares of the communications equipment provider's stock valued at $513,108,000 after purchasing an additional 570,712 shares during the last quarter. Institutional investors own 84.17% of the company's stock.

Insider Activity

In other news, CEO Gregory Q. Brown sold 50,000 shares of the business's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $468.09, for a total transaction of $23,404,500.00. Following the completion of the transaction, the chief executive officer owned 47,167 shares of the company's stock, valued at approximately $22,078,401.03. The trade was a 51.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Cynthia Yazdi sold 7,000 shares of the business's stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the transaction, the chief executive officer directly owned 9,529 shares of the company's stock, valued at approximately $4,488,254.29. This trade represents a 42.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 129,069 shares of company stock valued at $60,779,964. 1.28% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $515.00 to $520.00 and gave the company an "overweight" rating in a research note on Thursday, February 12th. Weiss Ratings upgraded shares of Motorola Solutions from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, March 2nd. Argus upgraded shares of Motorola Solutions to a "strong-buy" rating in a research note on Friday, February 13th. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Sunday. Finally, Barclays boosted their target price on shares of Motorola Solutions from $495.00 to $506.00 and gave the company an "overweight" rating in a research note on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Motorola Solutions has a consensus rating of "Buy" and a consensus target price of $502.50.

Motorola Solutions Stock Down 1.4%

MSI stock opened at $431.97 on Tuesday. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $492.22. The firm has a market cap of $71.80 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 3.06 and a beta of 0.99. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87. The firm has a fifty day moving average price of $453.62 and a two-hundred day moving average price of $417.57.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.35 by $0.24. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The company had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter in the previous year, the company posted $4.04 earnings per share. The company's revenue for the quarter was up 12.3% compared to the same quarter last year. Research analysts predict that Motorola Solutions, Inc. will post 15.25 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th were issued a dividend of $1.21 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $4.84 annualized dividend and a dividend yield of 1.1%. Motorola Solutions's payout ratio is 37.93%.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.

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