HB Wealth Management LLC Has $3.45 Million Stock Position in Motorola Solutions, Inc. $MSI

Key Points

• HB Wealth Management reduced its stake by 36.3% in Motorola Solutions during Q4, selling 5,128 shares and leaving it with 9,008 shares valued at about $3.45 million.
• Significant insider selling: CEO Cynthia Yazdi sold 7,000 shares and CEO Gregory Q. Brown sold 28,435 shares, with insiders disposing of 129,069 shares worth roughly $60.78 million in the past 90 days (insider ownership ~1.28%).
• Solid quarterly results and bullish analyst view: MSI beat Q4 EPS estimates ($4.59 vs. $4.35) with revenue up 12.3% to $3.38 billion, and analysts carry an overall "Buy" consensus with a average target of $502.50.

HB Wealth Management LLC reduced its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 36.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,008 shares of the communications equipment provider's stock after selling 5,128 shares during the period. HB Wealth Management LLC's holdings in Motorola Solutions were worth $3,453,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Kingswood Wealth Advisors LLC lifted its position in shares of Motorola Solutions by 345.2% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 8,753 shares of the communications equipment provider's stock worth $3,355,000 after buying an additional 6,787 shares during the period. M&T Bank Corp grew its position in Motorola Solutions by 2.0% in the fourth quarter. M&T Bank Corp now owns 18,555 shares of the communications equipment provider's stock valued at $7,113,000 after acquiring an additional 369 shares during the period. Caliber Wealth Management LLC KS raised its stake in Motorola Solutions by 19.3% during the fourth quarter. Caliber Wealth Management LLC KS now owns 8,860 shares of the communications equipment provider's stock worth $3,396,000 after acquiring an additional 1,434 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Motorola Solutions by 1.6% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 254,434 shares of the communications equipment provider's stock worth $97,515,000 after acquiring an additional 3,947 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Motorola Solutions during the fourth quarter valued at $48,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $438.50 on Friday. The business's fifty day moving average is $454.23 and its two-hundred day moving average is $418.34. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The firm has a market cap of $72.88 billion, a P/E ratio of 34.37, a P/E/G ratio of 3.09 and a beta of 0.99. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22.

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

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 20th were given a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, March 20th. Motorola Solutions's dividend payout ratio (DPR) is presently 37.93%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CEO Cynthia Yazdi sold 7,000 shares of the business's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $471.01, for a total value of $3,297,070.00. Following the completion of the transaction, the chief executive officer directly owned 9,529 shares of the company's stock, valued at approximately $4,488,254.29. The trade was a 42.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Gregory Q. Brown sold 28,435 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total transaction of $13,590,508.25. Following the transaction, the chief executive officer owned 90,721 shares in the company, valued at $43,360,101.95. The trade was a 23.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 129,069 shares of company stock worth $60,779,964. 1.28% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on MSI. 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. Morgan Stanley reiterated an "overweight" rating and set a $470.00 target price on shares of Motorola Solutions in a research report on Thursday, February 12th. Argus raised shares of Motorola Solutions to a "strong-buy" rating in a report on Friday, February 13th. Weiss Ratings upgraded shares of Motorola Solutions from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 2nd. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $502.50.

Motorola Solutions Company 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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