Little House Capital LLC Invests $698,000 in Motorola Solutions, Inc. (NYSE:MSI)

Little House Capital LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,965 shares of the communications equipment provider’s stock, valued at approximately $698,000.

Several other hedge funds also recently modified their holdings of MSI. Algert Global LLC bought a new stake in shares of Motorola Solutions during the third quarter worth about $314,000. Bank of Nova Scotia lifted its holdings in shares of Motorola Solutions by 14.0% during the third quarter. Bank of Nova Scotia now owns 17,066 shares of the communications equipment provider’s stock worth $4,646,000 after purchasing an additional 2,093 shares during the period. Ancora Advisors LLC lifted its holdings in shares of Motorola Solutions by 0.9% during the third quarter. Ancora Advisors LLC now owns 6,737 shares of the communications equipment provider’s stock worth $1,834,000 after purchasing an additional 61 shares during the period. Schonfeld Strategic Advisors LLC grew its stake in shares of Motorola Solutions by 2,812.6% in the third quarter. Schonfeld Strategic Advisors LLC now owns 58,222 shares of the communications equipment provider’s stock worth $15,850,000 after purchasing an additional 56,223 shares during the last quarter. Finally, Waverly Advisors LLC increased its holdings in Motorola Solutions by 20.4% in the third quarter. Waverly Advisors LLC now owns 937 shares of the communications equipment provider’s stock valued at $255,000 after purchasing an additional 159 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Buying and Selling at Motorola Solutions

In other news, CAO Katherine A. Maher sold 2,615 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total value of $927,488.20. Following the transaction, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at $403,625.84. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CAO Katherine A. Maher sold 2,615 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total transaction of $927,488.20. Following the completion of the transaction, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at $403,625.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP James A. Niewiara sold 810 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total transaction of $290,052.90. Following the sale, the senior vice president now owns 12,986 shares in the company, valued at approximately $4,650,156.74. The disclosure for this sale can be found here. Insiders sold a total of 9,389 shares of company stock valued at $3,446,461 in the last three months. Company insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

MSI has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their price target on Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. Barclays increased their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, June 3rd. Finally, Evercore ISI began coverage on Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective for the company. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $358.86.

Motorola Solutions Stock Performance

MSI stock traded down $0.38 during midday trading on Monday, reaching $385.67. 205,479 shares of the company’s stock traded hands, compared to its average volume of 666,358. The firm has a market capitalization of $64.33 billion, a PE ratio of 47.55, a price-to-earnings-growth ratio of 3.38 and a beta of 0.94. The company has a 50-day moving average price of $365.62 and a two-hundred day moving average price of $342.28. Motorola Solutions, Inc. has a 52 week low of $269.64 and a 52 week high of $391.65. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.29. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 12.07 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be paid a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Friday, June 14th. Motorola Solutions’s dividend payout ratio is presently 48.45%.

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.