Kingswood Wealth Advisors LLC Buys 477 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Kingswood Wealth Advisors LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 64.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,222 shares of the communications equipment provider’s stock after buying an additional 477 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Motorola Solutions were worth $472,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Crewe Advisors LLC acquired a new position in shares of Motorola Solutions during the 1st quarter worth about $28,000. Private Wealth Management Group LLC bought a new position in Motorola Solutions during the fourth quarter worth about $29,000. Rise Advisors LLC acquired a new position in Motorola Solutions during the first quarter worth approximately $29,000. Northwest Capital Management Inc raised its stake in Motorola Solutions by 71.4% in the fourth 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. Finally, Motco lifted its position in shares of Motorola Solutions by 137.5% in the fourth 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 last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Motorola Solutions news, Director Kenneth D. Denman sold 690 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $373.11, for a total transaction of $257,445.90. Following the completion of the transaction, the director now directly owns 8,141 shares in the company, valued at $3,037,488.51. The sale was disclosed in a document filed 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 that occurred 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 sale, the chief operating officer now owns 46,821 shares in the company, valued at $19,079,557.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kenneth D. Denman sold 690 shares of the company’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $373.11, for a total transaction of $257,445.90. Following the transaction, the director now owns 8,141 shares of the company’s stock, valued at $3,037,488.51. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,949 shares of company stock worth $12,002,807. Company insiders own 1.50% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI stock traded up $1.49 on Wednesday, hitting $404.34. The company’s stock had a trading volume of 946,716 shares, compared to its average volume of 670,915. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $412.64. The company has a market capitalization of $67.44 billion, a PE ratio of 50.66, a PEG ratio of 3.48 and a beta of 0.94. The stock’s 50 day moving average is $385.67 and its 200-day moving average is $357.44. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19.

Motorola Solutions (NYSE:MSI) last announced 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. The company had revenue of $2.63 billion for the quarter, compared to analysts’ expectations of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 378.15%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period last year, the firm earned $2.41 earnings per share. Equities research analysts expect 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 was paid on Monday, July 15th. Stockholders of record on Friday, June 14th were issued a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend was Friday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 48.45%.

Wall Street Analysts Forecast Growth

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