Ferguson Wellman Capital Management Inc. Buys 249 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Ferguson Wellman Capital Management Inc. increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 118,811 shares of the communications equipment provider’s stock after acquiring an additional 249 shares during the quarter. Ferguson Wellman Capital Management Inc. owned about 0.07% of Motorola Solutions worth $34,845,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Point72 Asset Management L.P. boosted its position in shares of Motorola Solutions by 2.9% during the 4th quarter. Point72 Asset Management L.P. now owns 440,320 shares of the communications equipment provider’s stock valued at $113,475,000 after acquiring an additional 12,325 shares during the last quarter. Signaturefd LLC grew its stake in Motorola Solutions by 4.6% in the 1st quarter. Signaturefd LLC now owns 2,517 shares of the communications equipment provider’s stock worth $720,000 after buying an additional 110 shares in the last quarter. Creative Planning grew its stake in Motorola Solutions by 18.0% in the 4th quarter. Creative Planning now owns 14,526 shares of the communications equipment provider’s stock worth $3,744,000 after buying an additional 2,214 shares in the last quarter. Beverly Hills Private Wealth LLC increased its holdings in shares of Motorola Solutions by 19.9% in the 1st quarter. Beverly Hills Private Wealth LLC now owns 8,838 shares of the communications equipment provider’s stock worth $2,529,000 after buying an additional 1,467 shares during the last quarter. Finally, Vise Technologies Inc. purchased a new stake in shares of Motorola Solutions during the 1st quarter valued at $219,000. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Insider Activity at Motorola Solutions

In related news, Director Kenneth D. Denman sold 1,000 shares of Motorola Solutions stock in a transaction on Friday, August 11th. The shares were sold at an average price of $284.58, for a total value of $284,580.00. Following the sale, the director now owns 8,101 shares in the company, valued at $2,305,382.58. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MSI shares. Morgan Stanley increased their target price on Motorola Solutions from $290.00 to $300.00 and gave the company an “equal weight” rating in a research note on Friday, August 4th. Barclays dropped their target price on Motorola Solutions from $329.00 to $322.00 and set an “overweight” rating for the company in a research report on Friday, August 4th. JPMorgan Chase & Co. decreased their price target on shares of Motorola Solutions from $320.00 to $311.00 and set an “overweight” rating on the stock in a research note on Monday, August 7th. Raymond James boosted their price objective on shares of Motorola Solutions from $315.00 to $320.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. Finally, StockNews.com initiated coverage on shares of Motorola Solutions in a report on Thursday, August 17th. They set a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $309.67.

Motorola Solutions Trading Down 0.6 %

Shares of NYSE MSI traded down $1.62 during mid-day trading on Friday, hitting $283.21. The stock had a trading volume of 1,038,348 shares, compared to its average volume of 566,903. The firm has a market cap of $47.30 billion, a P/E ratio of 32.11, a price-to-earnings-growth ratio of 3.03 and a beta of 0.92. The company has a debt-to-equity ratio of 17.14, a quick ratio of 0.96 and a current ratio of 1.23. The business has a 50 day moving average price of $285.37 and a two-hundred day moving average price of $283.35. Motorola Solutions, Inc. has a 1 year low of $212.76 and a 1 year high of $299.43.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, August 3rd. The communications equipment provider reported $2.65 EPS for the quarter, beating the consensus estimate of $2.51 by $0.14. The firm had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.36 billion. Motorola Solutions had a net margin of 15.72% and a return on equity of 2,157.02%. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.87 earnings per share. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 10.44 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $3.52 annualized dividend and a dividend yield of 1.24%. Motorola Solutions’s dividend payout ratio (DPR) is presently 39.91%.

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.