Motorola Solutions Inc (MSI) EVP Mark S. Hacker Sells 19,700 Shares

Motorola Solutions Inc (NYSE:MSI) EVP Mark S. Hacker sold 19,700 shares of the business’s stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $93.00, for a total transaction of $1,832,100.00. Following the completion of the sale, the executive vice president now owns 28,685 shares in the company, valued at approximately $2,667,705. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Motorola Solutions Inc (NYSE:MSI) traded up $1.17 during midday trading on Friday, reaching $93.55. 812,000 shares of the company traded hands, compared to its average volume of 907,263. The firm has a market cap of $15,550.00, a P/E ratio of 23.93, a price-to-earnings-growth ratio of 3.88 and a beta of 0.35. The company has a current ratio of 1.30, a quick ratio of 1.16 and a debt-to-equity ratio of -5.41. Motorola Solutions Inc has a 1-year low of $76.92 and a 1-year high of $95.30.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.13. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.58 billion. Motorola Solutions had a net margin of 10.51% and a negative return on equity of 92.09%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.37 EPS. research analysts predict that Motorola Solutions Inc will post 5.13 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.52 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.47. This represents a $2.08 annualized dividend and a yield of 2.22%. The ex-dividend date is Thursday, December 14th. Motorola Solutions’s payout ratio is currently 53.20%.

Several equities research analysts have recently commented on the stock. Deutsche Bank upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 target price on the stock in a research note on Friday. Zacks Investment Research upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $103.00 price target on the stock in a research report on Thursday, November 9th. Jefferies Group upped their price target on shares of Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. ValuEngine downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, Cleveland Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating in a research report on Friday, October 6th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $95.08.

Large investors have recently made changes to their positions in the business. Sun Life Financial INC raised its holdings in Motorola Solutions by 14,800.0% during the 2nd quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock worth $103,000 after purchasing an additional 1,184 shares during the last quarter. Acrospire Investment Management LLC raised its holdings in Motorola Solutions by 33.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the communications equipment provider’s stock worth $104,000 after purchasing an additional 300 shares during the last quarter. Grove Bank & Trust raised its holdings in Motorola Solutions by 731.0% during the 3rd quarter. Grove Bank & Trust now owns 1,205 shares of the communications equipment provider’s stock worth $102,000 after purchasing an additional 1,060 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in Motorola Solutions during the 3rd quarter worth about $187,000. Finally, Williams Jones & Associates LLC bought a new stake in Motorola Solutions during the 2nd quarter worth about $201,000. 87.78% of the stock is owned by hedge funds and other institutional investors.

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About Motorola Solutions

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

Insider Buying and Selling by Quarter for Motorola Solutions (NYSE:MSI)

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