Stance Capital LLC Buys 2,223 Shares of Motorola Solutions, Inc. $MSI

Stance Capital LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 35.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,413 shares of the communications equipment provider’s stock after buying an additional 2,223 shares during the quarter. Motorola Solutions makes up approximately 1.4% of Stance Capital LLC’s portfolio, making the stock its 14th biggest holding. Stance Capital LLC’s holdings in Motorola Solutions were worth $3,847,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MSI. Kestra Private Wealth Services LLC increased its holdings in Motorola Solutions by 90.1% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 4,893 shares of the communications equipment provider’s stock worth $2,238,000 after acquiring an additional 2,319 shares during the period. NewEdge Advisors LLC lifted its stake in Motorola Solutions by 4.0% in the 3rd quarter. NewEdge Advisors LLC now owns 31,285 shares of the communications equipment provider’s stock worth $14,306,000 after purchasing an additional 1,206 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in Motorola Solutions by 3.5% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 193,638 shares of the communications equipment provider’s stock valued at $87,928,000 after purchasing an additional 6,538 shares during the period. Caxton Associates LLP grew its position in shares of Motorola Solutions by 24.8% during the 3rd quarter. Caxton Associates LLP now owns 7,909 shares of the communications equipment provider’s stock valued at $3,617,000 after purchasing an additional 1,570 shares in the last quarter. Finally, Woodline Partners LP increased its holdings in shares of Motorola Solutions by 526.8% in the third quarter. Woodline Partners LP now owns 113,165 shares of the communications equipment provider’s stock worth $51,749,000 after purchasing an additional 95,110 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.4%

Shares of NYSE:MSI opened at $468.86 on Wednesday. The stock has a market capitalization of $77.67 billion, a P/E ratio of 36.74, a price-to-earnings-growth ratio of 3.30 and a beta of 0.96. The stock’s 50-day moving average price is $432.73 and its 200-day moving average price is $422.75. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $492.22.

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

Motorola Solutions Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Argus upgraded Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Weiss Ratings upgraded Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. JPMorgan Chase & Co. upped their target price on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a report on Monday, December 1st. Finally, Morgan Stanley reiterated an “overweight” rating and set a $470.00 price target on shares of Motorola Solutions in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $497.14.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Q. Brown sold 50,000 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $468.09, for a total transaction of $23,404,500.00. Following the completion of the sale, the chief executive officer owned 47,167 shares of the company’s stock, valued at $22,078,401.03. This represents a 51.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 9,529 shares in the company, valued at approximately $4,488,254.29. This trade represents a 42.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 129,069 shares of company stock worth $60,779,964. Insiders own 1.44% of the company’s stock.

About Motorola Solutions

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.