V Square Quantitative Management LLC Decreases Position in Motorola Solutions, Inc. (NYSE:MSI)

V Square Quantitative Management LLC decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 7.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,266 shares of the communications equipment provider’s stock after selling 98 shares during the period. V Square Quantitative Management LLC’s holdings in Motorola Solutions were worth $489,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of MSI. International Assets Investment Management LLC boosted its position in shares of Motorola Solutions by 1,208.6% in the fourth quarter. International Assets Investment Management LLC now owns 191,611 shares of the communications equipment provider’s stock worth $59,991,000 after buying an additional 176,968 shares during the period. Cerity Partners LLC lifted its stake in shares of Motorola Solutions by 196.1% in the fourth quarter. Cerity Partners LLC now owns 10,695 shares of the communications equipment provider’s stock worth $3,351,000 after acquiring an additional 7,083 shares in the last quarter. Valeo Financial Advisors LLC lifted its stake in shares of Motorola Solutions by 4.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock worth $264,000 after acquiring an additional 39 shares in the last quarter. Perigon Wealth Management LLC lifted its stake in shares of Motorola Solutions by 6.5% in the fourth quarter. Perigon Wealth Management LLC now owns 818 shares of the communications equipment provider’s stock worth $256,000 after acquiring an additional 50 shares in the last quarter. Finally, Graypoint LLC acquired a new position in shares of Motorola Solutions in the fourth quarter worth about $245,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

MSI has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted 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. Bank of America boosted their price target on Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a research note 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. Finally, Barclays boosted their price target on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $437.40.

Motorola Solutions Stock Up 1.6 %

MSI stock opened at $418.59 on Thursday. The firm has a market cap of $69.82 billion, a price-to-earnings ratio of 51.74, a PEG ratio of 3.48 and a beta of 0.94. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $419.57. The firm has a fifty day moving average price of $391.32 and a two-hundred day moving average price of $360.77. 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 announced its quarterly earnings data 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 378.15%. The business had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter in the prior year, the firm earned $2.41 EPS. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. Research analysts predict that Motorola Solutions, Inc. will post 12.09 EPS for the current year.

Insider Buying and Selling

In related news, COO John P. Molloy sold 23,985 shares of the company’s 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 completion of the transaction, 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 document filed with the SEC, which is available through this link. In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction 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 $19,079,557.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kenneth D. Denman sold 690 shares of the company’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $373.11, for a total transaction of $257,445.90. Following the transaction, the director now owns 8,141 shares of the company’s stock, valued at approximately $3,037,488.51. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 29,949 shares of company stock valued at $12,002,807. Insiders own 1.50% of the company’s stock.

Motorola Solutions Company 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.