Measured Wealth Private Client Group LLC Has $577,000 Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Measured Wealth Private Client Group LLC trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 9.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,283 shares of the communications equipment provider’s stock after selling 141 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Motorola Solutions were worth $577,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Catalyst Financial Partners LLC bought a new position in Motorola Solutions in the 3rd quarter worth approximately $223,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at $31,000. Goldstone Financial Group LLC acquired a new position in Motorola Solutions in the 3rd quarter worth $378,000. Financial Advocates Investment Management boosted its stake in Motorola Solutions by 8.7% in the 3rd quarter. Financial Advocates Investment Management now owns 1,226 shares of the communications equipment provider’s stock worth $551,000 after purchasing an additional 98 shares during the period. Finally, Oak Harvest Investment Services acquired a new position in shares of Motorola Solutions during the 3rd quarter worth about $208,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the transaction, the chief operating officer now owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on MSI. Jefferies Financial Group increased their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. increased their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Evercore ISI increased their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, August 30th. Finally, Bank of America raised their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Motorola Solutions currently has an average rating of “Buy” and a consensus price target of $479.50.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $452.79 on Thursday. Motorola Solutions, Inc. has a fifty-two week low of $276.19 and a fifty-two week high of $480.28. The company has a debt-to-equity ratio of 7.03, a current ratio of 1.20 and a quick ratio of 1.03. The firm has a market capitalization of $75.53 billion, a P/E ratio of 55.97, a P/E/G ratio of 3.96 and a beta of 0.97. The company’s 50 day moving average price is $449.96 and its two-hundred day moving average price is $403.37.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.23. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The firm had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same quarter last year, the business posted $2.41 earnings per share. The company’s quarterly revenue was up 9.4% on a year-over-year basis. On average, equities analysts forecast that Motorola Solutions, Inc. will post 12.22 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were given a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a yield of 0.87%. Motorola Solutions’s dividend payout ratio is currently 48.45%.

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.