Diversified Trust Co Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Diversified Trust Co grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 28.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,193 shares of the communications equipment provider’s stock after buying an additional 1,146 shares during the quarter. Diversified Trust Co’s holdings in Motorola Solutions were worth $2,005,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. WASHINGTON TRUST Co increased its position in Motorola Solutions by 17.4% in the second quarter. WASHINGTON TRUST Co now owns 216 shares of the communications equipment provider’s stock worth $83,000 after buying an additional 32 shares in the last quarter. Wedmont Private Capital grew its position in shares of Motorola Solutions by 4.3% during the second quarter. Wedmont Private Capital now owns 2,908 shares of the communications equipment provider’s stock worth $1,135,000 after purchasing an additional 120 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Motorola Solutions by 11.3% during the second quarter. Sequoia Financial Advisors LLC now owns 3,967 shares of the communications equipment provider’s stock worth $1,531,000 after purchasing an additional 403 shares in the last quarter. Alpha Cubed Investments LLC purchased a new stake in shares of Motorola Solutions during the second quarter worth about $342,000. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Motorola Solutions by 1.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 4,124 shares of the communications equipment provider’s stock worth $1,592,000 after purchasing an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Buying and Selling

In related news, COO John P. Molloy sold 23,985 shares of the firm’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 completion of the sale, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, SVP Rajan Naik sold 5,274 shares of Motorola Solutions stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total value of $1,971,473.94. Following the transaction, the senior vice president now directly owns 8,939 shares in the company, valued at approximately $3,341,487.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total value of $9,773,887.50. Following the completion of the transaction, the chief operating officer now owns 46,821 shares in the company, valued at $19,079,557.50. The disclosure for this sale can be found here. In the last three months, insiders sold 29,949 shares of company stock valued at $12,002,807. Insiders own 1.50% of the company’s stock.

Motorola Solutions Trading Up 0.7 %

Shares of NYSE:MSI traded up $2.87 during trading on Wednesday, hitting $414.87. The company had a trading volume of 52,483 shares, compared to its average volume of 663,191. The stock has a market cap of $69.20 billion, a price-to-earnings ratio of 50.93, a price-to-earnings-growth ratio of 3.48 and a beta of 0.94. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $417.43. The company has a fifty day simple moving average of $390.36 and a two-hundred day simple moving average of $360.36. 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 issued its quarterly earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.01 by $0.23. Motorola Solutions had a return on equity of 378.15% and a net margin of 14.04%. The firm had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period last year, the company earned $2.41 EPS. Motorola Solutions’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 12.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MSI. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Bank of America raised their price target on Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a report on Thursday, July 18th. JPMorgan Chase & Co. raised their price target on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Finally, Barclays raised their price target on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $437.40.

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.