Catalina Capital Group LLC Acquires 512 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Catalina Capital Group LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 76.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,179 shares of the communications equipment provider’s stock after purchasing an additional 512 shares during the period. Catalina Capital Group LLC’s holdings in Motorola Solutions were worth $419,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Wealth Management Group LLC bought a new stake in shares of Motorola Solutions during the 4th quarter valued at $29,000. Rise Advisors LLC purchased a new position in Motorola Solutions during the first quarter valued at $29,000. Northwest Capital Management Inc grew its stake in Motorola Solutions by 71.4% during the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock valued at $30,000 after acquiring an additional 40 shares in the last quarter. Motco grew its stake in Motorola Solutions by 137.5% during the fourth quarter. Motco now owns 95 shares of the communications equipment provider’s stock valued at $30,000 after acquiring an additional 55 shares in the last quarter. Finally, Hexagon Capital Partners LLC grew its stake in Motorola Solutions by 78.7% during the first quarter. Hexagon Capital Partners LLC now owns 84 shares of the communications equipment provider’s stock valued at $30,000 after acquiring an additional 37 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, SVP Rajan Naik sold 5,274 shares of the business’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $373.81, for a total value of $1,971,473.94. Following the completion of the sale, the senior vice president now owns 8,939 shares in the company, valued at approximately $3,341,487.59. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, SVP James A. Niewiara sold 810 shares of Motorola Solutions 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 owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Rajan Naik sold 5,274 shares of Motorola Solutions stock in a transaction that occurred on Thursday, June 13th. The stock was 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 approximately $3,341,487.59. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,389 shares of company stock worth $3,446,461. 1.26% of the stock is currently owned by corporate insiders.

Motorola Solutions Trading Up 0.1 %

Shares of Motorola Solutions stock traded up $0.45 during trading on Wednesday, hitting $391.17. The stock had a trading volume of 636,571 shares, compared to its average volume of 663,983. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $392.52. The firm’s fifty day simple moving average is $371.51 and its 200-day simple moving average is $346.01. The stock has a market cap of $65.25 billion, a PE ratio of 48.35, a PEG ratio of 3.42 and a beta of 0.94. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01.

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

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.00%. Motorola Solutions’s dividend payout ratio is currently 48.45%.

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.