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

Moody Lynn & Lieberson LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the third quarter, HoldingsChannel.com reports. The firm purchased 7,044 shares of the communications equipment provider’s stock, valued at approximately $3,167,000.

A number of other large investors have also recently bought and sold shares of MSI. MFA Wealth Advisors LLC bought a new position in shares of Motorola Solutions during the 2nd quarter worth about $25,000. Beacon Capital Management LLC boosted its position in shares of Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares in the last quarter. LRI Investments LLC boosted its position 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 purchasing an additional 61 shares in the last quarter. Crewe Advisors LLC bought a new position in shares of Motorola Solutions during the 1st quarter worth about $28,000. Finally, Triad Wealth Partners LLC bought a new position in shares of Motorola Solutions during the 2nd quarter worth about $29,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $465.38 on Friday. Motorola Solutions, Inc. has a 52 week low of $271.73 and a 52 week high of $480.28. The company’s 50 day moving average price is $446.40 and its two-hundred day moving average price is $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. The stock has a market cap of $77.64 billion, a P/E ratio of 54.49, a P/E/G ratio of 3.96 and a beta of 0.97.

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

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were paid a dividend of $0.98 per share. The ex-dividend date was Friday, September 13th. This represents a $3.92 annualized dividend and a dividend yield of 0.84%. Motorola Solutions’s payout ratio is currently 45.90%.

Insider Transactions at Motorola Solutions

In other news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were 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 owns 46,821 shares in the company, valued at $19,079,557.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Evercore ISI raised their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Bank of America raised their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Barclays raised their price target on shares of Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus 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.