Moody Lynn & Lieberson LLC Purchases New Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Moody Lynn & Lieberson LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,044 shares of the communications equipment provider’s stock, valued at approximately $3,167,000.

Several other institutional investors have also made changes to their positions in MSI. Skandinaviska Enskilda Banken AB publ lifted its stake in Motorola Solutions by 32.9% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 358,011 shares of the communications equipment provider’s stock worth $138,210,000 after purchasing an additional 88,603 shares during the last quarter. Magnolia Capital Advisors LLC bought a new stake in Motorola Solutions during the second quarter worth $19,694,000. State Board of Administration of Florida Retirement System lifted its stake in Motorola Solutions by 8.9% during the first quarter. State Board of Administration of Florida Retirement System now owns 189,360 shares of the communications equipment provider’s stock worth $67,219,000 after purchasing an additional 15,488 shares during the last quarter. First Foundation Advisors lifted its stake in Motorola Solutions by 37.7% during the first quarter. First Foundation Advisors now owns 354 shares of the communications equipment provider’s stock worth $126,000 after purchasing an additional 97 shares during the last quarter. Finally, Heritage Wealth Management Inc. bought a new stake in Motorola Solutions during the second quarter worth $790,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Performance

NYSE MSI opened at $465.38 on Friday. The company has a market capitalization of $77.64 billion, a price-to-earnings ratio of 54.49, a PEG ratio of 3.96 and a beta of 0.97. Motorola Solutions, Inc. has a twelve month low of $271.73 and a twelve month high of $480.28. The stock has a fifty day simple moving average of $446.40 and a 200 day simple moving average of $399.51. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 7.03.

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

Motorola Solutions Dividend Announcement

The business also recently disclosed 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 0.84%. Motorola Solutions’s payout ratio is 45.90%.

Insiders Place Their Bets

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on MSI shares. Evercore ISI upped their target price on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Barclays increased their price target on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. JPMorgan Chase & Co. increased their price target on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, Jefferies Financial Group increased their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Buy” and a consensus target price of $479.50.

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.