Motorola Solutions, Inc. (NYSE:MSI) SVP James A. Niewiara Sells 810 Shares of Stock

Motorola Solutions, Inc. (NYSE:MSI) SVP James A. Niewiara sold 810 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the sale, the senior vice president now directly owns 12,986 shares in the company, valued at $4,650,156.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Motorola Solutions Stock Up 0.1 %

Motorola Solutions stock opened at $360.54 on Friday. The company’s 50 day simple moving average is $344.95 and its 200 day simple moving average is $325.55. The firm has a market capitalization of $60.13 billion, a price-to-earnings ratio of 44.53, a PEG ratio of 3.27 and a beta of 0.91. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $361.68. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. Motorola Solutions’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm posted $3.38 earnings per share. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s payout ratio is presently 48.45%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MSI. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Barclays lifted their target price on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. JPMorgan Chase & Co. upped their target price on Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a report on Friday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $355.00 to $375.00 and gave the stock a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $357.43.

Institutional Trading of Motorola Solutions

Several hedge funds and other institutional investors have recently modified their holdings of MSI. Private Wealth Management Group LLC acquired a new position in shares of Motorola Solutions during the 4th quarter worth approximately $29,000. Rise Advisors LLC acquired a new stake in Motorola Solutions in the 1st quarter worth about $29,000. Northwest Capital Management Inc grew its position in Motorola Solutions by 71.4% during the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 40 shares in the last quarter. Motco grew its stake in Motorola Solutions by 137.5% during the fourth quarter. Motco now owns 95 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 55 shares in the last quarter. Finally, Hexagon Capital Partners LLC raised its position in Motorola Solutions by 78.7% during the first quarter. Hexagon Capital Partners LLC now owns 84 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 37 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

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.