Motorola Solutions Inc (NYSE:MSI) Chairman Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $94.32, for a total value of $4,716,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Motorola Solutions Inc (MSI) traded down $1.08 during trading hours on Friday, hitting $93.03. The stock had a trading volume of 1,004,356 shares, compared to its average volume of 767,398. Motorola Solutions Inc has a 12 month low of $76.92 and a 12 month high of $94.96. The company has a market capitalization of $15,242.56, a PE ratio of 18.31, a PEG ratio of 4.19 and a beta of 0.35. 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 (NYSE:MSI) last issued its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.13. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.37 earnings per share. analysts forecast that Motorola Solutions Inc will post 5.14 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be paid a $0.52 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Thursday, December 14th. Motorola Solutions’s payout ratio is 48.08%.

MSI has been the topic of several recent research reports. Jefferies Group reissued a “buy” rating and issued a $105.00 price target on shares of Motorola Solutions in a research note on Tuesday, August 22nd. Zacks Investment Research raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a research report on Tuesday, August 29th. Finally, Cleveland Research raised Motorola Solutions from a “neutral” rating to a “buy” rating in a research report on Friday, October 6th. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $95.08.

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in Motorola Solutions by 1.6% during the second quarter. Vanguard Group Inc. now owns 16,290,817 shares of the communications equipment provider’s stock valued at $1,413,066,000 after purchasing an additional 254,399 shares in the last quarter. Lazard Asset Management LLC raised its position in Motorola Solutions by 6.7% during the second quarter. Lazard Asset Management LLC now owns 9,589,218 shares of the communications equipment provider’s stock valued at $831,768,000 after purchasing an additional 600,229 shares in the last quarter. State Street Corp raised its position in Motorola Solutions by 1.8% during the second quarter. State Street Corp now owns 7,734,797 shares of the communications equipment provider’s stock valued at $670,905,000 after purchasing an additional 135,926 shares in the last quarter. Parnassus Investments CA raised its position in Motorola Solutions by 0.7% during the third quarter. Parnassus Investments CA now owns 5,649,582 shares of the communications equipment provider’s stock valued at $479,480,000 after purchasing an additional 41,541 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its position in Motorola Solutions by 2.1% during the second quarter. Neuberger Berman Group LLC now owns 5,458,346 shares of the communications equipment provider’s stock valued at $473,457,000 after purchasing an additional 110,330 shares in the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Motorola Solutions (NYSE:MSI)

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