Dynamic Technology Lab Private Ltd Boosts Position in Motorola Solutions, Inc. $MSI

Dynamic Technology Lab Private Ltd raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 52.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,272 shares of the communications equipment provider’s stock after acquiring an additional 1,129 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Motorola Solutions were worth $1,496,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MSI. Vanguard Group Inc. increased its position in shares of Motorola Solutions by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 22,171,959 shares of the communications equipment provider’s stock valued at $10,139,015,000 after purchasing an additional 286,366 shares during the last quarter. State Street Corp boosted its holdings in shares of Motorola Solutions by 1.3% in the second quarter. State Street Corp now owns 7,681,622 shares of the communications equipment provider’s stock worth $3,237,985,000 after buying an additional 101,408 shares during the last quarter. Geode Capital Management LLC grew its position in Motorola Solutions by 1.2% during the second quarter. Geode Capital Management LLC now owns 4,386,899 shares of the communications equipment provider’s stock valued at $1,839,569,000 after buying an additional 51,474 shares during the period. Raymond James Financial Inc. grew its position in Motorola Solutions by 0.8% during the second quarter. Raymond James Financial Inc. now owns 3,401,738 shares of the communications equipment provider’s stock valued at $1,430,295,000 after buying an additional 27,206 shares during the period. Finally, Norges Bank purchased a new stake in Motorola Solutions during the second quarter valued at approximately $872,307,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Down 1.3%

MSI opened at $461.11 on Friday. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The firm’s fifty day moving average is $420.96 and its 200 day moving average is $422.93. The stock has a market cap of $76.39 billion, a price-to-earnings ratio of 36.14, a price-to-earnings-growth ratio of 3.23 and a beta of 0.96.

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

Motorola Solutions Announces Dividend

The firm 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 $1.21 dividend. The ex-dividend date of this dividend is Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. Motorola Solutions’s dividend payout ratio is 37.93%.

Insider Buying and Selling

In other Motorola Solutions news, CEO Gregory Q. Brown sold 28,435 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total value of $13,590,508.25. Following the completion of the transaction, the chief executive officer directly owned 90,721 shares in the company, valued at $43,360,101.95. This represents a 23.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Cynthia Yazdi sold 7,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the sale, the chief executive officer directly owned 9,529 shares of the company’s stock, valued at approximately $4,488,254.29. This trade represents a 42.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 129,069 shares of company stock worth $60,779,964. 1.44% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on MSI. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Morgan Stanley restated an “overweight” rating and issued a $470.00 price objective on shares of Motorola Solutions in a research note on Thursday, February 12th. JPMorgan Chase & Co. raised their target price on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Weiss Ratings upgraded Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Finally, Barclays boosted their price target on Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $497.14.

Motorola Solutions Company Profile

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.