Peterson Wealth Services Has $2.30 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Peterson Wealth Services increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 73.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,358 shares of the communications equipment provider's stock after purchasing an additional 3,126 shares during the period. Peterson Wealth Services' holdings in Motorola Solutions were worth $2,304,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Qube Research & Technologies Ltd lifted its stake in shares of Motorola Solutions by 61.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider's stock worth $90,846,000 after acquiring an additional 126,517 shares during the period. DekaBank Deutsche Girozentrale lifted its stake in shares of Motorola Solutions by 2.2% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider's stock valued at $260,204,000 after purchasing an additional 17,807 shares during the period. Sherbrooke Park Advisers LLC lifted its stake in shares of Motorola Solutions by 224.3% in the third quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider's stock valued at $1,059,000 after purchasing an additional 2,691 shares during the period. Sei Investments Co. lifted its stake in shares of Motorola Solutions by 9.8% in the third quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider's stock valued at $20,353,000 after purchasing an additional 6,671 shares during the period. Finally, Diversified Trust Co lifted its stake in shares of Motorola Solutions by 4.2% in the fourth quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider's stock valued at $1,254,000 after purchasing an additional 162 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.

Insider Activity at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the business's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.50% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages recently commented on MSI. JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an "overweight" rating in a research note on Thursday, April 11th. Evercore ISI assumed coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They issued an "outperform" rating and a $400.00 price objective for the company. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a "buy" rating and a $350.00 target price for the company. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Monday, February 12th. Finally, William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Friday, February 9th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $348.38.

Motorola Solutions Trading Down 0.3 %

Shares of NYSE MSI traded down $1.05 during midday trading on Thursday, reaching $339.46. 493,672 shares of the stock were exchanged, compared to its average volume of 615,797. The company has a market capitalization of $56.39 billion, a P/E ratio of 34.19, a P/E/G ratio of 3.14 and a beta of 0.90. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $355.39. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. The stock has a 50 day moving average price of $338.99 and a 200-day moving average price of $319.04.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping analysts' consensus estimates of $3.63 by $0.27. The business had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The company's quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.38 earnings per share. Equities research analysts expect that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were issued a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a yield of 1.15%. Motorola Solutions's payout ratio is 39.48%.

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.