HL Financial Services LLC increased its stake in shares of Motorola Solutions Inc. (NYSE:MSI) by 0.0% during the second quarter, according to its most recent filing with the SEC. The fund owned 39,569 shares of the company’s stock after buying an additional 8 shares during the period. HL Financial Services LLC’s holdings in Motorola Solutions were worth $2,610,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. BlueMountain Capital Management LLC bought a new stake in shares of Motorola Solutions during the first quarter valued at about $100,000. Reynolds Capital Management LLC bought a new stake in shares of Motorola Solutions during the first quarter valued at about $204,000. Telemus Capital LLC boosted its stake in shares of Motorola Solutions by 5.4% in the second quarter. Telemus Capital LLC now owns 3,405 shares of the company’s stock valued at $225,000 after buying an additional 173 shares during the period. Mn Services Vermogensbeheer B.V. bought a new stake in shares of Motorola Solutions during the first quarter valued at about $262,000. Finally, IFP Advisors Inc boosted its stake in shares of Motorola Solutions by 18.5% in the first quarter. IFP Advisors Inc now owns 3,542 shares of the company’s stock valued at $268,000 after buying an additional 552 shares during the period. 85.38% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Inc. (NYSE:MSI) traded up 0.69% during midday trading on Wednesday, reaching $75.73. 1,268,858 shares of the company’s stock traded hands. Motorola Solutions Inc. has a 1-year low of $59.13 and a 1-year high of $78.99. The firm’s 50 day moving average price is $75.82 and its 200-day moving average price is $71.94. The company has a market capitalization of $12.63 billion, a PE ratio of 26.71 and a beta of 0.45.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 4th. The company reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.17. Motorola Solutions had a net margin of 9.04% and a negative return on equity of 223.77%. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the firm posted $0.68 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. Equities analysts expect that Motorola Solutions Inc. will post $4.60 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 15th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.17%. Motorola Solutions’s payout ratio is currently 57.54%.

Several brokerages have issued reports on MSI. Deutsche Bank AG set a $68.00 target price on Motorola Solutions and gave the company a “hold” rating in a research report on Friday, August 5th. Zacks Investment Research raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a research report on Wednesday, August 10th. Jefferies Group reaffirmed a “hold” rating on shares of Motorola Solutions in a research report on Friday, September 2nd. Citigroup Inc. began coverage on Motorola Solutions in a research report on Monday, June 20th. They set a “neutral” rating and a $73.00 target price on the stock. Finally, Credit Suisse Group AG reaffirmed a “buy” rating and set a $80.00 target price on shares of Motorola Solutions in a research report on Friday, August 5th. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $73.13.

In related news, EVP John P. Molloy sold 11,199 shares of the stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $74.14, for a total value of $830,293.86. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Bruce W. Brda sold 10,416 shares of the stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of $77.99, for a total value of $812,343.84. Following the completion of the transaction, the executive vice president now directly owns 25,703 shares in the company, valued at approximately $2,004,576.97. The disclosure for this sale can be found here. 2.55% of the stock is owned by corporate insiders.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. Its Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines, including Devices and Systems.

5 Day Chart for NYSE:MSI

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