Motorola Solutions (NYSE:MSI) Reaches New 1-Year High at $369.94

Shares of Motorola Solutions, Inc. (NYSE:MSI - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $369.94 and last traded at $368.56, with a volume of 28802 shares trading hands. The stock had previously closed at $368.43.

Wall Street Analyst Weigh In

MSI has been the subject of several research analyst reports. Evercore ISI initiated coverage on Motorola Solutions in a research report on Monday, March 25th. They set an "outperform" rating and a $400.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an "overweight" rating in a research report on Friday, May 3rd. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Monday, February 12th. Barclays upped their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an "overweight" rating in a research report on Friday, May 3rd. Finally, William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research note on Friday, February 9th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Motorola Solutions presently has a consensus rating of "Moderate Buy" and a consensus target price of $357.43.

Motorola Solutions Stock Performance

The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. The firm has a market capitalization of $61.69 billion, a price-to-earnings ratio of 45.71, a price-to-earnings-growth ratio of 3.23 and a beta of 0.91. The firm's 50-day moving average price is $350.15 and its two-hundred day moving average price is $331.19.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be given a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Friday, June 14th. Motorola Solutions's dividend payout ratio (DPR) is 48.45%.

Insiders Place Their Bets

In related news, SVP James A. Niewiara sold 810 shares of the stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total transaction of $290,052.90. Following the completion of the sale, the senior vice president now owns 12,986 shares in the company, valued at approximately $4,650,156.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Motorola Solutions news, SVP James A. Niewiara sold 810 shares of the company's stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total transaction of $290,052.90. Following the sale, the senior vice president now directly owns 12,986 shares of the company's stock, valued at $4,650,156.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Cynthia Yazdi sold 4,744 shares of the firm's stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares of the company's stock, valued at approximately $2,961,229.40. The disclosure for this sale can be found here. Insiders sold 8,169 shares of company stock worth $2,803,460 over the last three months. 1.26% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Motorola Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of MSI. Crewe Advisors LLC acquired a new stake in shares of Motorola Solutions in the first quarter valued at approximately $28,000. Rise Advisors LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at $29,000. Hexagon Capital Partners LLC raised its position in shares of Motorola Solutions by 78.7% during the first quarter. Hexagon Capital Partners LLC now owns 84 shares of the communications equipment provider's stock worth $30,000 after acquiring an additional 37 shares during the last quarter. North Star Investment Management Corp. lifted its stake in shares of Motorola Solutions by 206.9% during the first quarter. North Star Investment Management Corp. now owns 89 shares of the communications equipment provider's stock valued at $32,000 after acquiring an additional 60 shares during the period. Finally, Private Wealth Management Group LLC bought a new position in Motorola Solutions in the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 84.17% of the company's stock.

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.