512 Shares in Motorola Solutions, Inc. (NYSE:MSI) Acquired by Vista Investment Partners LLC

Vista Investment Partners LLC acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) in the third quarter, HoldingsChannel reports. The institutional investor acquired 512 shares of the communications equipment provider’s stock, valued at approximately $230,000.

Other large investors have also added to or reduced their stakes in the company. MFA Wealth Advisors LLC bought a new position in shares of Motorola Solutions during the second quarter valued at $25,000. Beacon Capital Management LLC increased its stake in Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares in the last quarter. LRI Investments LLC increased its stake in Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares in 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 bought a new position in shares of Motorola Solutions in the first quarter worth approximately $29,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Transactions at Motorola Solutions

In related news, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction 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 transaction, the chief operating officer now directly owns 46,821 shares in the company, valued at approximately $19,079,557.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.50% of the stock is currently owned by company insiders.

Motorola Solutions Stock Up 0.2 %

Motorola Solutions stock opened at $477.57 on Friday. The stock has a market cap of $79.66 billion, a PE ratio of 59.03, a price-to-earnings-growth ratio of 4.07 and a beta of 0.97. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. The stock has a fifty day moving average of $441.69 and a 200 day moving average of $395.81. Motorola Solutions, Inc. has a one year low of $271.73 and a one year high of $480.28.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.23. The firm had revenue of $2.63 billion for the quarter, compared to analysts’ expectations of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The business’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.41 EPS. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were given a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date was Friday, September 13th. Motorola Solutions’s payout ratio is 48.45%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MSI. Bank of America raised their price target on shares of Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th. Jefferies Financial Group upped their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Barclays lifted their price objective on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Evercore ISI upped their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $466.17.

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.