Sequoia Financial Advisors LLC Purchases 403 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Sequoia Financial Advisors LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI) by 11.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,967 shares of the communications equipment provider’s stock after purchasing an additional 403 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Motorola Solutions were worth $1,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Crewe Advisors LLC purchased a new position in Motorola Solutions during the first quarter worth about $28,000. Private Wealth Management Group LLC bought a new stake in shares of Motorola Solutions during the 4th quarter valued at about $29,000. Rise Advisors LLC purchased a new position in shares of Motorola Solutions during the first quarter worth about $29,000. Northwest Capital Management Inc increased its position in shares of Motorola Solutions by 71.4% in the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares during the last quarter. Finally, Motco raised its stake in Motorola Solutions by 137.5% in the fourth quarter. Motco now owns 95 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 55 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Trading Up 1.1 %

MSI stock traded up $4.48 during midday trading on Tuesday, hitting $417.24. The company had a trading volume of 139,803 shares, compared to its average volume of 662,983. 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, Inc. has a 52 week low of $269.64 and a 52 week high of $417.43. The stock’s 50 day moving average price is $389.51 and its 200 day moving average price is $359.76. The stock has a market cap of $69.60 billion, a price-to-earnings ratio of 51.45, a PEG ratio of 3.48 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last announced 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. The business had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 378.15%. The company’s revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.41 EPS. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 12.09 earnings per share for the current fiscal year.

Insider Buying and Selling at Motorola Solutions

In other news, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total value of $9,773,887.50. Following the sale, the chief operating officer now directly owns 46,821 shares in the company, valued at approximately $19,079,557.50. The sale was disclosed in a filing with the SEC, which is available through this link. In other Motorola Solutions news, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $373.81, for a total value of $1,971,473.94. Following the completion of the sale, the senior vice president now directly owns 8,939 shares in the company, valued at $3,341,487.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction that occurred 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 sale, the chief operating officer now directly owns 46,821 shares in the company, valued at $19,079,557.50. The disclosure for this sale can be found here. Insiders sold 29,949 shares of company stock valued at $12,002,807 in the last 90 days. Insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on MSI shares. Barclays boosted their price target on shares of Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Bank of America upped their target price on shares of Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. JPMorgan Chase & Co. lifted their price target on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, Motorola Solutions has an average rating of “Buy” and a consensus price target of $437.40.

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.