1,220 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,220 shares of the communications equipment provider’s stock, valued at approximately $382,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. OmniStar Financial Group Inc. boosted its position in Motorola Solutions by 1.7% during the fourth quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock worth $636,000 after purchasing an additional 33 shares in the last quarter. Invera Wealth Advisors LLC purchased a new position in Motorola Solutions during the fourth quarter worth approximately $1,072,000. Kingswood Wealth Advisors LLC purchased a new position in Motorola Solutions during the fourth quarter worth approximately $416,000. Pacer Advisors Inc. boosted its position in Motorola Solutions by 73.8% during the fourth quarter. Pacer Advisors Inc. now owns 24,325 shares of the communications equipment provider’s stock worth $7,616,000 after purchasing an additional 10,329 shares in the last quarter. Finally, CVA Family Office LLC purchased a new position in Motorola Solutions during the fourth quarter worth approximately $143,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSI has been the topic of several research reports. Evercore ISI initiated coverage on Motorola Solutions in a research report on Monday. They issued an “outperform” rating and a $400.00 target price on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on Motorola Solutions in a research report on Friday, January 19th. They issued a “buy” rating and a $350.00 target price on the stock. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Finally, Barclays increased their price target on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a report on Tuesday, January 2nd. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $337.25.

Insider Activity at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction on Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the transaction, 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 document filed with the SEC, which is available at the SEC website. 1.50% of the stock is currently owned by company insiders.

Motorola Solutions Trading Up 0.4 %

MSI stock traded up $1.57 during midday trading on Thursday, hitting $354.98. 705,294 shares of the company’s stock were exchanged, compared to its average volume of 635,739. The business has a 50-day simple moving average of $331.24 and a two-hundred day simple moving average of $311.39. 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 market capitalization of $58.96 billion, a PE ratio of 35.59, a P/E/G ratio of 3.21 and a beta of 0.90. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $355.39.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The business had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.82 billion. During the same period in the previous year, the firm posted $3.38 earnings per share. The company’s revenue was up 5.2% on a year-over-year basis. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be issued a $0.98 dividend. The ex-dividend date is Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a yield of 1.10%. Motorola Solutions’s dividend payout ratio (DPR) is presently 39.48%.

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.