Ameritas Advisory Services LLC Buys 51 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Ameritas Advisory Services LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 1.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,036 shares of the communications equipment provider’s stock after acquiring an additional 51 shares during the period. Ameritas Advisory Services LLC’s holdings in Motorola Solutions were worth $1,172,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MSI. MFA Wealth Advisors LLC acquired a new position in shares of Motorola Solutions in the 2nd quarter valued at about $25,000. Beacon Capital Management LLC lifted its stake in Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 28 shares during the period. LRI Investments LLC boosted its holdings in shares of Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in shares of Motorola Solutions during the 2nd quarter worth approximately $29,000. Finally, Crewe Advisors LLC bought a new stake in shares of Motorola Solutions in the 1st quarter valued at $28,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total value of $9,773,887.50. Following the completion of the transaction, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction dated 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 sale, the chief operating officer now owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Rajan Naik sold 5,274 shares of the business’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $373.81, for a total value of $1,971,473.94. Following the transaction, the senior vice president now directly owns 8,939 shares of the company’s stock, valued at approximately $3,341,487.59. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 29,949 shares of company stock valued at $12,002,807. 1.50% of the stock is currently owned by corporate insiders.

Motorola Solutions Stock Performance

Shares of MSI stock traded up $1.94 during trading hours on Thursday, hitting $437.15. 363,765 shares of the company were exchanged, compared to its average volume of 660,463. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $439.14. 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 fifty day simple moving average of $401.26 and a 200 day simple moving average of $367.81. The stock has a market capitalization of $72.92 billion, a price-to-earnings ratio of 54.04, a P/E/G ratio of 3.48 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.23. The company had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. Motorola Solutions had a return on equity of 378.15% and a net margin of 14.04%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.41 EPS. Research analysts predict that Motorola Solutions, Inc. will post 12.09 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th will be issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Friday, September 13th. Motorola Solutions’s payout ratio is presently 48.45%.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of research reports. Barclays upped their price target on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Bank of America lifted their price target on shares of Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions has an average rating of “Buy” and a consensus target price of $437.40.

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.