Motorola Solutions, Inc. (NYSE:MSI) CEO Gregory Q. Brown sold 75,019 shares of the company’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $90.91, for a total value of $6,819,977.29. Following the completion of the transaction, the chief executive officer now owns 183,312 shares of the company’s stock, valued at $16,664,893.92. The transaction was disclosed in a filing with the SEC, which is available at this link.

Motorola Solutions, Inc. (NYSE MSI) opened at $90.95 on Friday. The company has a market capitalization of $14,740.00, a P/E ratio of 17.71, a price-to-earnings-growth ratio of 4.05 and a beta of 0.33. The company has a current ratio of 1.30, a quick ratio of 1.16 and a debt-to-equity ratio of -5.41. Motorola Solutions, Inc. has a 52-week low of $76.92 and a 52-week high of $94.94.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.13. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. Motorola Solutions’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.37 EPS. equities research analysts forecast that Motorola Solutions, Inc. will post 5.14 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be given a dividend of $0.52 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $2.08 dividend on an annualized basis and a yield of 2.29%. Motorola Solutions’s dividend payout ratio is presently 48.08%.

ILLEGAL ACTIVITY WARNING: “Gregory Q. Brown Sells 75,019 Shares of Motorola Solutions, Inc. (MSI) Stock” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://www.thecerbatgem.com/2017/11/18/gregory-q-brown-sells-75019-shares-of-motorola-solutions-inc-msi-stock.html.

Several large investors have recently made changes to their positions in MSI. Grove Bank & Trust raised its position in shares of Motorola Solutions by 731.0% in the 3rd quarter. Grove Bank & Trust now owns 1,205 shares of the communications equipment provider’s stock worth $102,000 after acquiring an additional 1,060 shares in the last quarter. Sun Life Financial INC raised its position in shares of Motorola Solutions by 14,800.0% in the 2nd quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock worth $103,000 after acquiring an additional 1,184 shares in the last quarter. Acrospire Investment Management LLC raised its position in shares of Motorola Solutions by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the communications equipment provider’s stock worth $104,000 after acquiring an additional 300 shares in the last quarter. Exane Derivatives raised its position in shares of Motorola Solutions by 163.6% in the 2nd quarter. Exane Derivatives now owns 1,613 shares of the communications equipment provider’s stock worth $140,000 after acquiring an additional 1,001 shares in the last quarter. Finally, Smithfield Trust Co. raised its position in shares of Motorola Solutions by 2.7% in the 2nd quarter. Smithfield Trust Co. now owns 2,003 shares of the communications equipment provider’s stock worth $173,000 after acquiring an additional 53 shares in the last quarter. 88.04% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently weighed in on MSI. Zacks Investment Research raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $103.00 target price for the company in a research note on Thursday, November 9th. Credit Suisse Group set a $95.00 target price on Motorola Solutions and gave the company a “buy” rating in a research note on Thursday, July 27th. Jefferies Group LLC boosted their target price on Motorola Solutions from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. ValuEngine lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, BMO Capital Markets boosted their target price on Motorola Solutions from $95.00 to $102.00 and gave the company an “outperform” rating in a research note on Friday, August 4th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Motorola Solutions presently has a consensus rating of “Buy” and an average target price of $95.08.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

Receive News & Stock Ratings for Motorola Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions Inc. and related stocks with our FREE daily email newsletter.