1,513 Shares in Motorola Solutions, Inc. $MSI Acquired by Douglass Winthrop Advisors LLC

Douglass Winthrop Advisors LLC acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,513 shares of the communications equipment provider’s stock, valued at approximately $692,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSI. Valeo Financial Advisors LLC grew its holdings in Motorola Solutions by 2.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock worth $397,000 after acquiring an additional 21 shares during the period. Advisors Capital Management LLC lifted its stake in shares of Motorola Solutions by 1.0% in the 2nd quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock valued at $1,031,000 after purchasing an additional 24 shares during the period. Kingsview Wealth Management LLC boosted its position in shares of Motorola Solutions by 0.3% in the 2nd quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock worth $3,833,000 after purchasing an additional 24 shares during the last quarter. Rexford Capital Inc. grew its stake in shares of Motorola Solutions by 0.6% during the third quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock worth $1,780,000 after purchasing an additional 24 shares during the period. Finally, SageView Advisory Group LLC grew its stake in shares of Motorola Solutions by 5.3% during the second quarter. SageView Advisory Group LLC now owns 498 shares of the communications equipment provider’s stock worth $214,000 after purchasing an additional 25 shares during the period. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Up 0.3%

Motorola Solutions stock opened at $463.88 on Friday. The company has a 50 day moving average of $427.36 and a 200-day moving average of $423.20. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 3.47. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The stock has a market capitalization of $76.85 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 3.24 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, topping analysts’ consensus estimates of $4.35 by $0.24. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the business posted $4.04 earnings per share. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, March 20th. Motorola Solutions’s payout ratio is 37.93%.

Insider Transactions at Motorola Solutions

In other news, CEO Cynthia Yazdi sold 7,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the completion of the transaction, the chief executive officer directly owned 9,529 shares of the company’s stock, valued at $4,488,254.29. This represents a 42.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kenneth D. Denman sold 434 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $470.12, for a total value of $204,032.08. Following the transaction, the director owned 7,153 shares of the company’s stock, valued at approximately $3,362,768.36. The trade was a 5.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 129,069 shares of company stock valued at $60,779,964 over the last three months. Company insiders own 1.44% of the company’s stock.

Wall Street Analyst Weigh In

MSI has been the topic of several analyst reports. Argus raised Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. JPMorgan Chase & Co. boosted their target price on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Northcoast Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a research report on Monday, December 1st. Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Finally, Piper Sandler restated an “overweight” rating and set a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $497.14.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.