Inceptionr LLC Reduces Stock Holdings in Motorola Solutions, Inc. $MSI

Inceptionr LLC cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 68.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 720 shares of the communications equipment provider’s stock after selling 1,550 shares during the period. Inceptionr LLC’s holdings in Motorola Solutions were worth $329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Orion Capital Management LLC acquired a new stake in Motorola Solutions in the third quarter valued at approximately $25,000. United Community Bank lifted its position in shares of Motorola Solutions by 81.3% during the third quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after purchasing an additional 26 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Motorola Solutions during the third quarter worth $33,000. Field & Main Bank purchased a new position in shares of Motorola Solutions in the third quarter valued at $35,000. Finally, Salomon & Ludwin LLC purchased a new position in shares of Motorola Solutions in the third quarter valued at $38,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Buying and Selling

In related news, CEO Gregory Q. Brown sold 50,000 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $468.09, for a total value of $23,404,500.00. Following the completion of the sale, the chief executive officer directly owned 47,167 shares of the company’s stock, valued at $22,078,401.03. The trade was a 51.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Kenneth D. Denman sold 434 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $470.12, for a total value of $204,032.08. Following the sale, the director owned 7,153 shares in the company, valued at $3,362,768.36. The trade was a 5.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 129,069 shares of company stock worth $60,779,964. Corporate insiders own 1.44% of the company’s stock.

Analysts Set New Price Targets

MSI has been the topic of several analyst reports. Argus raised shares of Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Monday, December 1st. Piper Sandler reaffirmed an “overweight” rating and set a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a research report on Thursday, February 12th. Finally, Barclays boosted their price target on Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $497.14.

Motorola Solutions Trading Up 0.3%

MSI opened at $463.88 on Friday. The stock has a market capitalization of $76.85 billion, a PE ratio of 36.35, a P/E/G ratio of 3.24 and a beta of 0.96. The firm’s fifty day moving average price is $427.36 and its 200 day moving average price is $423.20. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $492.22.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, topping the consensus estimate of $4.35 by $0.24. The company had revenue of $3.38 billion during 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 revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the business earned $4.04 EPS. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

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

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.