Bluesphere Advisors LLC Purchases Shares of 773 Motorola Solutions, Inc. (NYSE:MSI)

Bluesphere Advisors LLC acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 773 shares of the communications equipment provider’s stock, valued at approximately $242,000.

A number of other large investors also recently made changes to their positions in MSI. Northwest Capital Management Inc increased its stake in shares of Motorola Solutions by 71.4% in the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock valued at $30,000 after buying an additional 40 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new stake in Motorola Solutions in the fourth quarter valued at approximately $36,000. Bruce G. Allen Investments LLC bought a new stake in Motorola Solutions in the fourth quarter valued at approximately $38,000. BOK Financial Private Wealth Inc. increased its stake in shares of Motorola Solutions by 73.2% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock worth $39,000 after purchasing an additional 52 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter worth approximately $52,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.7 %

NYSE:MSI traded up $2.51 on Monday, reaching $348.99. 138,067 shares of the stock traded hands, compared to its average volume of 629,160. The company has a market capitalization of $57.97 billion, a price-to-earnings ratio of 34.89, a PEG ratio of 3.20 and a beta of 0.90. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $355.39. The company’s fifty day simple moving average is $341.73 and its 200 day simple moving average is $322.44.

Motorola Solutions (NYSE:MSI) last released 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. The business had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. Motorola Solutions’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the business earned $3.38 EPS. Equities analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were paid a $0.98 dividend. The ex-dividend date was Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.12%. Motorola Solutions’s dividend payout ratio is presently 39.48%.

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Evercore ISI began coverage on Motorola Solutions in a research note on Monday, March 25th. They issued an “outperform” rating and a $400.00 price objective for the company. Barclays increased their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 target price on the stock. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Finally, William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. One equities research 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 company presently has an average rating of “Moderate Buy” and a consensus price target of $348.38.

About Motorola Solutions

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.