689 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by Financial Advisors Network Inc.

Financial Advisors Network Inc. acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 689 shares of the communications equipment provider’s stock, valued at approximately $216,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSI. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of Motorola Solutions during the 3rd quarter worth approximately $212,000. ORG Partners LLC lifted its stake in Motorola Solutions by 412.5% in the third quarter. ORG Partners LLC now owns 287 shares of the communications equipment provider’s stock valued at $78,000 after buying an additional 231 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Motorola Solutions by 0.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 43,157 shares of the communications equipment provider’s stock valued at $11,749,000 after buying an additional 162 shares in the last quarter. Signaturefd LLC lifted its stake in Motorola Solutions by 3.8% in the third quarter. Signaturefd LLC now owns 2,544 shares of the communications equipment provider’s stock valued at $693,000 after buying an additional 93 shares in the last quarter. Finally, Syon Capital LLC bought a new position in Motorola Solutions in the third quarter valued at approximately $455,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Buying and Selling at Motorola Solutions

In other news, SVP James A. Niewiara sold 810 shares of the business’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the completion of the sale, the senior vice president now owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the sale, the senior vice president now owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP James A. Niewiara sold 810 shares of the company’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the sale, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The disclosure for this sale can be found here. Insiders have sold a total of 8,169 shares of company stock worth $2,803,460 over the last ninety days. Insiders own 1.50% of the company’s stock.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded down $4.35 on Thursday, hitting $366.72. The company had a trading volume of 76,614 shares, compared to its average volume of 655,461. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $372.01. The stock has a market cap of $61.17 billion, a price-to-earnings ratio of 45.87, a P/E/G ratio of 3.25 and a beta of 0.91. The stock has a 50 day moving average price of $350.70 and a 200 day moving average price of $331.47. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be issued a $0.98 dividend. The ex-dividend date is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.07%. Motorola Solutions’s dividend payout ratio is currently 48.45%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MSI. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Barclays lifted their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a report on Monday, May 6th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $357.43.

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.