Parthenon LLC Purchases 70 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Parthenon LLC increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,213 shares of the communications equipment provider’s stock after purchasing an additional 70 shares during the period. Parthenon LLC’s holdings in Motorola Solutions were worth $693,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Qube Research & Technologies Ltd boosted its stake in Motorola Solutions by 61.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock worth $90,846,000 after purchasing an additional 126,517 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in Motorola Solutions by 2.2% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock worth $260,204,000 after buying an additional 17,807 shares during the last quarter. Sherbrooke Park Advisers LLC raised its position in Motorola Solutions by 224.3% in the 3rd quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider’s stock worth $1,059,000 after buying an additional 2,691 shares during the last quarter. Sei Investments Co. raised its position in Motorola Solutions by 9.8% in the 3rd quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider’s stock worth $20,353,000 after buying an additional 6,671 shares during the last quarter. Finally, Diversified Trust Co raised its position in Motorola Solutions by 4.2% in the 4th quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider’s stock worth $1,254,000 after buying an additional 162 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.26% of the company’s stock.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded down $8.54 during mid-day trading on Tuesday, reaching $339.15. 1,132,592 shares of the company traded hands, compared to its average volume of 641,179. The company’s 50 day moving average price is $342.59 and its 200-day moving average price is $323.21. The firm has a market cap of $56.34 billion, a PE ratio of 34.15, a PEG ratio of 3.20 and a beta of 0.90. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. Motorola Solutions, Inc. has a 52 week low of $269.64 and a 52 week high of $355.39.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The business had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same period last year, the firm posted $3.38 EPS. The company’s revenue was up 5.2% on a year-over-year basis. On average, equities analysts expect that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 39.48%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MSI. Barclays boosted their target price on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price target for the company. JPMorgan Chase & Co. upped their price target on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Finally, William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $348.38.

Motorola Solutions 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.