Physician Wealth Advisors Inc. Takes $206,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Physician Wealth Advisors Inc. acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) in the first quarter, Holdings Channel.com reports. The firm acquired 606 shares of the communications equipment provider’s stock, valued at approximately $206,000.

Other large investors have also made changes to their positions in the company. DekaBank Deutsche Girozentrale raised its position in shares of Motorola Solutions by 2.2% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock valued at $260,204,000 after buying an additional 17,807 shares during the last quarter. Corient Private Wealth LLC raised its position in Motorola Solutions by 15.6% in the fourth quarter. Corient Private Wealth LLC now owns 24,237 shares of the communications equipment provider’s stock worth $7,589,000 after purchasing an additional 3,278 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Motorola Solutions by 29.8% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 20,036 shares of the communications equipment provider’s stock worth $6,273,000 after purchasing an additional 4,594 shares in the last quarter. Capital International Sarl raised its position in Motorola Solutions by 13.8% in the fourth quarter. Capital International Sarl now owns 57,227 shares of the communications equipment provider’s stock worth $17,917,000 after purchasing an additional 6,918 shares in the last quarter. Finally, Bank of Nova Scotia raised its position in Motorola Solutions by 430.5% in the fourth quarter. Bank of Nova Scotia now owns 90,543 shares of the communications equipment provider’s stock worth $28,347,000 after purchasing an additional 73,477 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Activity

In other news, SVP Rajan Naik sold 5,274 shares of the stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the sale, the senior vice president now directly owns 8,939 shares of the company’s stock, valued at $3,341,487.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Motorola Solutions news, SVP James A. Niewiara sold 810 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the transaction, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the completion of the transaction, the senior vice president now directly owns 8,939 shares in the company, valued at $3,341,487.59. The disclosure for this sale can be found here. Insiders have sold 9,389 shares of company stock valued at $3,446,461 over the last three months. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MSI. Evercore ISI began coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price target for the company. Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, June 3rd. Barclays raised their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $358.86.

Motorola Solutions Price Performance

Shares of MSI traded down $0.35 during mid-day trading on Friday, hitting $386.05. 1,737,726 shares of the company traded hands, compared to its average volume of 644,296. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $391.65. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16. The business has a 50-day moving average of $365.62 and a 200 day moving average of $342.18. The stock has a market capitalization of $64.39 billion, a price-to-earnings ratio of 47.72, a PEG ratio of 3.38 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 EPS for the quarter, beating the consensus estimate of $2.27 by $0.29. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. The business had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.34 billion. As a group, equities analysts expect that Motorola Solutions, Inc. will post 12.07 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.98 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is currently 48.45%.

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.