2,715 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by Jefferies Financial Group Inc.

Key Points

• Jefferies Financial Group Inc. has acquired a new position in Motorola Solutions, purchasing 2,715 shares valued at approximately $1,189,000.
• Motorola Solutions' stock recently saw a decline of **1.2%**, trading at $434.77, with a market capitalization of **$72.57 billion**.
• The company announced a quarterly dividend of **$1.09 per share**, resulting in a **1.0% dividend yield** and a payout ratio of **36.39%**.

Jefferies Financial Group Inc. purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,715 shares of the communications equipment provider's stock, valued at approximately $1,189,000.

Other institutional investors and hedge funds have also modified their holdings of the company. ORG Wealth Partners LLC raised its stake in shares of Motorola Solutions by 346.2% during the first 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. Fourth Dimension Wealth LLC bought a new stake in Motorola Solutions in the fourth quarter valued at approximately $34,000. Community Bank N.A. bought a new stake in Motorola Solutions in the first quarter valued at approximately $32,000. Fort Vancouver Investment Management LLC bought a new stake in Motorola Solutions in the first quarter valued at approximately $37,000. Finally, Alpine Bank Wealth Management bought a new stake in Motorola Solutions in the first quarter valued at approximately $40,000. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. reduced their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. UBS Group started coverage on shares of Motorola Solutions in a report on Wednesday, July 16th. They issued a "buy" rating and a $490.00 price target for the company. 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 reiterated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $510.67.

Insider Buying and Selling at Motorola Solutions

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

Motorola Solutions Stock Performance

NYSE MSI traded up $8.35 on Wednesday, hitting $442.40. 669,315 shares of the stock were exchanged, compared to its average volume of 897,178. The company has a debt-to-equity ratio of 3.42, a current ratio of 1.20 and a quick ratio of 1.03. The business's fifty day moving average is $419.42 and its 200 day moving average is $428.04. Motorola Solutions, Inc. has a 52 week low of $388.90 and a 52 week high of $507.82. The company has a market capitalization of $73.85 billion, a PE ratio of 36.93, a P/E/G ratio of 3.79 and a beta of 0.97.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were given a $1.09 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.36 annualized dividend and a dividend yield of 1.0%. Motorola Solutions's dividend payout ratio is presently 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.