Sivia Capital Partners LLC acquired a new position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 476 shares of the communications equipment provider’s stock, valued at approximately $214,000.
Several other large investors also recently bought and sold shares of MSI. MFA Wealth Advisors LLC bought a new stake in Motorola Solutions in the 2nd quarter worth about $25,000. Beacon Capital Management LLC boosted its position in Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares during the last quarter. LRI Investments LLC boosted its position in Motorola Solutions by 871.4% in the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Crewe Advisors LLC purchased a new position in Motorola Solutions in the first quarter worth about $28,000. Finally, Rise Advisors LLC purchased a new position in Motorola Solutions in the first quarter worth about $29,000. 84.17% of the stock is currently owned by institutional investors.
Insider Transactions at Motorola Solutions
In other news, COO John P. Molloy sold 23,985 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the sale, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at $19,079,557.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.50% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Report on Motorola Solutions
Motorola Solutions Price Performance
MSI traded up $5.60 on Monday, hitting $473.54. 116,070 shares of the company’s stock traded hands, compared to its average volume of 665,566. The company’s 50 day simple moving average is $436.07 and its 200-day simple moving average is $393.00. The firm has a market cap of $78.99 billion, a price-to-earnings ratio of 57.84, a P/E/G ratio of 4.07 and a beta of 0.97. Motorola Solutions, Inc. has a one year low of $271.73 and a one year high of $473.54. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 7.03.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.23. The company had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.59 billion. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the company earned $2.41 EPS. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 12.22 EPS for the current year.
Motorola Solutions Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th will be issued a dividend of $0.98 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $3.92 annualized dividend and a dividend yield of 0.83%. Motorola Solutions’s dividend payout ratio (DPR) is 48.45%.
Motorola Solutions 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.
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