OneAscent Financial Services LLC Has $792,000 Stake in Motorola Solutions, Inc. (NYSE:MSI)

OneAscent Financial Services LLC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 101.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,810 shares of the communications equipment provider's stock after buying an additional 911 shares during the quarter. OneAscent Financial Services LLC's holdings in Motorola Solutions were worth $792,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. ORG Wealth Partners LLC raised its position in shares of Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after acquiring an additional 45 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $32,000. Community Bank N.A. acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at approximately $32,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $34,000. Finally, Fort Vancouver Investment Management LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at approximately $37,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MSI. Barclays cut their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Wolfe Research started coverage on Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating on the stock. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. UBS Group started coverage on Motorola Solutions in a report on Wednesday, July 16th. They set a "buy" rating and a $490.00 price objective on the stock. Finally, Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $510.67.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $420.40 on Monday. The company has a 50 day moving average of $416.94 and a 200-day moving average of $430.26. Motorola Solutions, Inc. has a 1-year low of $385.17 and a 1-year high of $507.82. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. The company has a market cap of $70.17 billion, a PE ratio of 35.09, a price-to-earnings-growth ratio of 3.62 and a beta of 0.95.

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

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were issued a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Friday, June 13th. Motorola Solutions's payout ratio is presently 36.39%.

Insider Buying and Selling

In related news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction that occurred on Thursday, May 29th. The stock was 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 $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.44% of the stock is owned by insiders.

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.

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