Mesirow Financial Investment Management Inc. Has $2.15 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• Mesirow Financial Investment Management Inc. increased its stake in Motorola Solutions by 24.1%, acquiring an additional 954 shares, bringing its total to 4,906 shares valued at approximately $2.15 million.
• In the first quarter, other institutional investors also enhanced their positions in Motorola Solutions, with ORG Wealth Partners LLC's stake growing by 346.2%.
• Motorola Solutions recently reported earnings per share of $3.18 for the quarter, surpassing expectations, while analysts maintain a consensus rating of "Moderate Buy" with an average price target of $510.67.

Mesirow Financial Investment Management Inc. lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 24.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 4,906 shares of the communications equipment provider's stock after acquiring an additional 954 shares during the period. Mesirow Financial Investment Management Inc.'s holdings in Motorola Solutions were worth $2,148,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in MSI. Arkadios Wealth Advisors raised its stake in Motorola Solutions by 2.5% during the first quarter. Arkadios Wealth Advisors now owns 4,612 shares of the communications equipment provider's stock worth $2,019,000 after acquiring an additional 111 shares in the last quarter. Pacific Capital Partners Ltd acquired a new stake in shares of Motorola Solutions during the 1st quarter worth about $891,000. XTX Topco Ltd lifted its holdings in Motorola Solutions by 322.9% during the 1st quarter. XTX Topco Ltd now owns 7,232 shares of the communications equipment provider's stock valued at $3,166,000 after purchasing an additional 5,522 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in Motorola Solutions during the 1st quarter valued at about $3,050,000. Finally, Cozad Asset Management Inc. boosted its position in Motorola Solutions by 4.3% in the first quarter. Cozad Asset Management Inc. now owns 1,051 shares of the communications equipment provider's stock valued at $460,000 after buying an additional 43 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MSI shares. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Wolfe Research started coverage on Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating for the company. UBS Group began coverage on Motorola Solutions in a research note on Wednesday, July 16th. They issued a "buy" rating and a $490.00 price objective on the stock. Barclays lowered their target price 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. Finally, William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Motorola Solutions has a consensus rating of "Moderate Buy" and an average price target of $510.67.

Insider Buying and Selling

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the 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 sale, the chief accounting officer directly owned 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.44% of the company's stock.

Motorola Solutions Trading Up 1.1%

Shares of NYSE MSI traded up $4.87 during mid-day trading on Monday, hitting $441.58. The company's stock had a trading volume of 435,045 shares, compared to its average volume of 892,282. 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 stock has a market cap of $73.71 billion, a price-to-earnings ratio of 36.88, a price-to-earnings-growth ratio of 3.76 and a beta of 0.97. The company's fifty day simple moving average is $418.71 and its 200-day simple moving average is $428.17. Motorola Solutions, Inc. has a one year low of $388.90 and a one year high of $507.82.

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

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, June 13th. Motorola Solutions's dividend payout ratio is presently 36.39%.

About Motorola Solutions

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.