KLCM Advisors Inc. Makes New $229,000 Investment in Motorola Solutions, Inc. (NYSE:MSI)

KLCM Advisors Inc. acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, Holdings Channel.com reports. The fund acquired 731 shares of the communications equipment provider’s stock, valued at approximately $229,000.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $470,994,000. Alphinity Investment Management Pty Ltd acquired a new stake in Motorola Solutions in the fourth quarter worth $339,283,000. Ameriprise Financial Inc. raised its holdings in Motorola Solutions by 67.8% in the third quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock worth $324,614,000 after purchasing an additional 482,023 shares during the period. First Trust Advisors LP increased its position in shares of Motorola Solutions by 216.7% during the first quarter. First Trust Advisors LP now owns 435,149 shares of the communications equipment provider’s stock worth $105,393,000 after acquiring an additional 297,740 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new stake in shares of Motorola Solutions during the third quarter worth $77,388,000. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on MSI shares. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Evercore ISI initiated coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price for the company. JPMorgan Chase & Co. raised their target price on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Finally, Barclays raised their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $348.38.

Insiders Place Their Bets

In other Motorola Solutions 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 transaction of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Motorola Solutions Trading Up 0.1 %

MSI opened at $340.51 on Thursday. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $355.39. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. The firm has a market capitalization of $56.57 billion, a price-to-earnings ratio of 34.29, a PEG ratio of 3.14 and a beta of 0.90. The company’s 50 day moving average price is $338.77 and its two-hundred day moving average price is $318.90.

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

Motorola Solutions Dividend Announcement

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