Caliber Wealth Management LLC KS Makes New $3.28 Million Investment in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• Caliber Wealth Management LLC KS has made a significant investment in Motorola Solutions by purchasing 7,482 shares worth approximately $3.28 million in the first quarter.
• Motorola Solutions' quarterly earnings exceeded expectations, reporting $3.18 earnings per share and revenue of $2.53 billion, reflecting a 5.8% year-over-year growth.
• The company recently declared a quarterly dividend of $1.09 per share, representing an annualized yield of 1.03%, with a dividend payout ratio of 36.39%.

Caliber Wealth Management LLC KS acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,482 shares of the communications equipment provider's stock, valued at approximately $3,276,000.

Several other hedge funds also recently bought and sold shares of MSI. Kingswood Wealth Advisors LLC grew its stake in Motorola Solutions by 3.2% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 935 shares of the communications equipment provider's stock worth $409,000 after buying an additional 29 shares in the last quarter. Bryce Point Capital LLC purchased a new position in Motorola Solutions in the 4th quarter worth approximately $518,000. Oppenheimer & Co. Inc. grew its stake in Motorola Solutions by 228.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 8,367 shares of the communications equipment provider's stock worth $3,663,000 after buying an additional 5,823 shares in the last quarter. Perennial Investment Advisors LLC grew its stake in Motorola Solutions by 14.4% in the 4th quarter. Perennial Investment Advisors LLC now owns 828 shares of the communications equipment provider's stock worth $383,000 after buying an additional 104 shares in the last quarter. Finally, Sowell Financial Services LLC purchased a new position in Motorola Solutions in the 1st quarter worth approximately $874,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Up 1.0%

NYSE:MSI traded up $4.51 during midday trading on Tuesday, reaching $434.48. 161,785 shares of the stock traded hands, compared to its average volume of 883,589. The company has a fifty day moving average of $417.60 and a 200 day moving average of $428.82. Motorola Solutions, Inc. has a 12 month low of $388.90 and a 12 month high of $507.82. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The stock has a market capitalization of $72.52 billion, a P/E ratio of 36.27, a PEG ratio of 3.68 and a beta of 0.95.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period in the prior year, the business posted $2.81 EPS. The firm's revenue was up 5.8% compared to the same quarter last year. On average, research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were issued a $1.09 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.00%. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

Insider Buying and Selling

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total value of $449,243.64. Following the completion of the transaction, the chief accounting officer directly owned 804 shares in the company, valued at approximately $336,618.72. This represents a 57.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.44% of the company's stock.

Analysts Set New Price Targets

MSI has been the subject of a number of research reports. JPMorgan Chase & Co. cut their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Barclays lowered their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Wolfe Research started coverage on shares of Motorola Solutions in a report on Monday, July 7th. They issued a "peer perform" rating for the company. Finally, William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Motorola Solutions has a consensus rating of "Moderate Buy" and a consensus price target of $510.67.

Motorola Solutions 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.