Inscription Capital LLC Grows Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Inscription Capital LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 2.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,163 shares of the communications equipment provider’s stock after buying an additional 108 shares during the quarter. Inscription Capital LLC’s holdings in Motorola Solutions were worth $1,872,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MFA Wealth Advisors LLC acquired a new stake in shares of Motorola Solutions in the second quarter valued at approximately $25,000. Beacon Capital Management LLC increased its holdings in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares during the last quarter. LRI Investments LLC increased its holdings in shares of Motorola Solutions by 871.4% in the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares during the last quarter. Crewe Advisors LLC acquired a new stake in shares of Motorola Solutions in the first quarter valued at approximately $28,000. Finally, Triad Wealth Partners LLC acquired a new stake in shares of Motorola Solutions in the second quarter valued at approximately $29,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Evercore ISI increased their price target on Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th. Barclays raised their target price on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. JPMorgan Chase & Co. raised their target price 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, Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions currently has an average rating of “Buy” and a consensus target price of $479.50.

Insider Activity at Motorola Solutions

In related news, COO John P. Molloy sold 23,985 shares of Motorola Solutions 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 completion of the transaction, the chief operating officer now directly owns 46,821 shares in the company, valued at approximately $19,079,557.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Motorola Solutions Trading Up 0.0 %

Shares of MSI traded up $0.16 during midday trading on Monday, hitting $462.48. 22,314 shares of the stock were exchanged, compared to its average volume of 659,278. Motorola Solutions, Inc. has a 52-week low of $272.38 and a 52-week high of $480.28. The stock has a fifty day simple moving average of $448.08 and a 200 day simple moving average of $401.45. The firm has a market cap of $77.14 billion, a P/E ratio of 57.15, a P/E/G ratio of 3.96 and a beta of 0.97. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 EPS for the quarter, topping the consensus estimate of $3.01 by $0.23. The business had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the business posted $2.41 earnings per share. On average, research analysts anticipate that Motorola Solutions, Inc. will post 12.22 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were issued a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a yield of 0.85%. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

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.