Gladstone Institutional Advisory LLC Invests $1.16 Million in Motorola Solutions, Inc. (NYSE:MSI)

Gladstone Institutional Advisory LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,712 shares of the communications equipment provider’s stock, valued at approximately $1,162,000.

Several other institutional investors have also recently made changes to their positions in MSI. Private Wealth Management Group LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at approximately $29,000. Northwest Capital Management Inc raised its position in shares of Motorola Solutions by 71.4% during the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock valued at $30,000 after buying an additional 40 shares during the period. Motco raised its position in shares of Motorola Solutions by 137.5% during the 4th quarter. Motco now owns 95 shares of the communications equipment provider’s stock valued at $30,000 after buying an additional 55 shares during the period. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at approximately $36,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at approximately $38,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.4 %

Motorola Solutions stock opened at $369.82 on Wednesday. Motorola Solutions, Inc. has a twelve month low of $269.64 and a twelve month high of $370.62. The stock’s fifty day simple moving average is $350.15 and its 200-day simple moving average is $331.19. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16. The firm has a market capitalization of $61.69 billion, a P/E ratio of 45.71, a P/E/G ratio of 3.23 and a beta of 0.91.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 14th will be paid a dividend of $0.98 per share. The ex-dividend date is Friday, June 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.06%. Motorola Solutions’s payout ratio is currently 48.45%.

Insider Buying and Selling

In related news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction 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 transaction, the senior vice president now owns 8,858 shares in the company, valued at $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction 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 transaction, the senior vice president now owns 8,858 shares in the company, valued at $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Katherine A. Maher sold 2,615 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total transaction of $927,488.20. Following the transaction, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at approximately $403,625.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,169 shares of company stock worth $2,803,460. Corporate insiders own 1.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on MSI shares. Evercore ISI began coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 price target on the stock. JPMorgan Chase & Co. boosted their target price on Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. Barclays boosted their target price on Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Finally, William Blair reissued 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 assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $357.43.

Motorola Solutions Company 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.