Motorola Solutions Inc (NYSE:MSI) CEO Cynthia Yazdi sold 735 shares of Motorola Solutions stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $124.70, for a total value of $91,654.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Motorola Solutions stock opened at $129.65 on Friday. Motorola Solutions Inc has a 12-month low of $89.18 and a 12-month high of $131.48. The stock has a market capitalization of $21.04 billion, a price-to-earnings ratio of 24.93, a price-to-earnings-growth ratio of 1.97 and a beta of 0.46.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 1st. The communications equipment provider reported $1.94 EPS for the quarter, beating the Zacks’ consensus estimate of $1.72 by $0.22. Motorola Solutions had a negative return on equity of 68.88% and a negative net margin of 0.44%. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the firm posted $1.53 earnings per share. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. On average, equities research analysts forecast that Motorola Solutions Inc will post 6.66 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Friday, September 14th were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Thursday, September 13th. Motorola Solutions’s payout ratio is 40.00%.

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Motorola Solutions by 4.4% during the third quarter. BlackRock Inc. now owns 18,540,588 shares of the communications equipment provider’s stock valued at $2,412,874,000 after purchasing an additional 780,270 shares in the last quarter. OppenheimerFunds Inc. boosted its stake in shares of Motorola Solutions by 16.4% during the second quarter. OppenheimerFunds Inc. now owns 4,231,955 shares of the communications equipment provider’s stock valued at $492,472,000 after purchasing an additional 596,941 shares in the last quarter. Voya Investment Management LLC boosted its stake in shares of Motorola Solutions by 171.3% during the second quarter. Voya Investment Management LLC now owns 2,509,657 shares of the communications equipment provider’s stock valued at $292,049,000 after purchasing an additional 1,584,672 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Motorola Solutions by 32.6% during the second quarter. Wells Fargo & Company MN now owns 2,365,975 shares of the communications equipment provider’s stock valued at $275,329,000 after purchasing an additional 581,645 shares in the last quarter. Finally, Artisan Partners Limited Partnership boosted its stake in shares of Motorola Solutions by 6.9% during the second quarter. Artisan Partners Limited Partnership now owns 2,044,591 shares of the communications equipment provider’s stock valued at $237,929,000 after purchasing an additional 132,180 shares in the last quarter. 86.55% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have issued reports on MSI. Jefferies Financial Group lifted their target price on Motorola Solutions from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, August 28th. Zacks Investment Research cut Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, October 8th. Citigroup lifted their target price on Motorola Solutions from $130.00 to $146.00 and gave the company a “buy” rating in a research report on Tuesday, September 25th. Credit Suisse Group set a $137.00 target price on Motorola Solutions and gave the company a “hold” rating in a research report on Friday, September 21st. Finally, Argus lifted their target price on Motorola Solutions to $140.00 and gave the company a “buy” rating in a research report on Tuesday, August 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $134.54.

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Motorola Solutions Company Profile

Motorola Solutions, Inc, together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally. The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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

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