Outlook Wealth Advisors LLC Grows Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Outlook Wealth Advisors LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 6.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,013 shares of the communications equipment provider’s stock after acquiring an additional 65 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Motorola Solutions were worth $455,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Skandinaviska Enskilda Banken AB publ lifted its position in shares of Motorola Solutions by 32.9% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 358,011 shares of the communications equipment provider’s stock valued at $138,210,000 after acquiring an additional 88,603 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new position in shares of Motorola Solutions in the second quarter valued at approximately $19,694,000. State Board of Administration of Florida Retirement System lifted its position in shares of Motorola Solutions by 8.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 189,360 shares of the communications equipment provider’s stock valued at $67,219,000 after acquiring an additional 15,488 shares in the last quarter. First Foundation Advisors lifted its position in shares of Motorola Solutions by 37.7% in the first quarter. First Foundation Advisors now owns 354 shares of the communications equipment provider’s stock valued at $126,000 after acquiring an additional 97 shares in the last quarter. Finally, Heritage Wealth Management Inc. purchased a new position in shares of Motorola Solutions in the second quarter valued at approximately $790,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Activity

In other news, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total value of $9,773,887.50. Following the completion of the sale, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

Motorola Solutions Price Performance

NYSE:MSI opened at $462.32 on Friday. Motorola Solutions, Inc. has a 52 week low of $271.73 and a 52 week high of $480.28. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 7.03. The company has a market capitalization of $77.13 billion, a P/E ratio of 54.14, a P/E/G ratio of 3.96 and a beta of 0.97. The stock’s fifty day moving average is $447.27 and its two-hundred day moving average is $399.97.

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

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were paid 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 dividend yield of 0.85%. Motorola Solutions’s payout ratio is presently 45.90%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Evercore ISI lifted their price objective on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Bank of America lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday. Barclays lifted their price objective on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Jefferies Financial Group lifted their price objective on Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $479.50.

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.