Eurizon Capital SGR S.p.A. Sells 29,633 Shares of Motorola Solutions, Inc. $MSI

Eurizon Capital SGR S.p.A. cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 18.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 129,374 shares of the communications equipment provider’s stock after selling 29,633 shares during the period. Eurizon Capital SGR S.p.A. owned approximately 0.08% of Motorola Solutions worth $57,697,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MSI. Western Wealth Management LLC acquired a new stake in Motorola Solutions in the 1st quarter valued at approximately $27,000. Field & Main Bank acquired a new position in shares of Motorola Solutions during the second quarter valued at $31,000. Gen Wealth Partners Inc increased its holdings in shares of Motorola Solutions by 310.5% during the third quarter. Gen Wealth Partners Inc now owns 78 shares of the communications equipment provider’s stock valued at $35,000 after purchasing an additional 59 shares during the period. Lodestone Wealth Management LLC raised its stake in shares of Motorola Solutions by 53.7% during the third quarter. Lodestone Wealth Management LLC now owns 83 shares of the communications equipment provider’s stock valued at $37,000 after purchasing an additional 29 shares in the last quarter. Finally, Essential Partners LLC raised its stake in shares of Motorola Solutions by 633.3% during the first quarter. Essential Partners LLC now owns 88 shares of the communications equipment provider’s stock valued at $38,000 after purchasing an additional 76 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on MSI. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $545.00 to $570.00 and gave the stock an “overweight” rating in a report on Thursday, November 5th. Zacks Research cut shares of Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Northcoast Research boosted their price target on shares of Motorola Solutions from $510.00 to $525.00 in a research report on Thursday, August 27th. Evercore boosted their price target on shares of Motorola Solutions from $525.00 to $550.00 in a research report on Thursday, October 8th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $476.00 price target (up from $470.00) on shares of Motorola Solutions in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $545.70.

Insider Buying and Selling at Motorola Solutions

In related news, SVP James Niewiara sold 2,086 shares of Motorola Solutions stock in a transaction on Monday, November 9th. The stock was sold at an average price of $522.35, for a total value of $1,089,622.10. Following the transaction, the senior vice president directly owned 18,398 shares in the company, valued at $9,610,195.30. The trade was a 10.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jason Winkler sold 7,552 shares of the business’s stock in a transaction on Monday, November 9th. The stock was sold at an average price of $529.12, for a total value of $3,995,914.24. Following the sale, the chief financial officer directly owned 11,319 shares in the company, valued at $5,989,109.28. This trade represents a 40.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 221,418 shares of company stock worth $114,247,736. 1.28% of the stock is owned by insiders.

Motorola Solutions Stock Down 0.8%

NYSE MSI opened at $531.19 on Friday. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $548.28. The company has a market capitalization of $87.82 billion, a P/E ratio of 35.28, a PEG ratio of 2.88 and a beta of 0.86. The company’s 50 day simple moving average is $471.55 and its 200 day simple moving average is $444.50. The company has a debt-to-equity ratio of 3.03, a current ratio of 1.10 and a quick ratio of 0.85.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share for the quarter, topping analysts’ consensus estimates of $4.42 by $0.27. The firm had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.26 billion. Motorola Solutions had a net margin of 16.54% and a return on equity of 94.49%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm posted $4.06 earnings per share. Equities research analysts expect that Motorola Solutions, Inc. will post 16.08 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th were paid a dividend of $1.21 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.84 annualized dividend and a dividend yield of 0.9%. Motorola Solutions’s dividend payout ratio (DPR) is currently 38.94%.

Motorola Solutions Profile

Motorola Solutions, Inc. provides communications, software, video security and related services for public safety agencies and commercial and industrial organizations. Its products include two-way radios and land mobile radio systems, dispatch consoles, command center software, video surveillance systems and access control technology. The company’s offerings are designed to help customers coordinate communications, manage incidents and support security operations. Motorola Solutions also provides services such as system integration, maintenance and technical support.