Daiwa Securities Group Inc. Has $13.34 Million Stake in Motorola Solutions, Inc. $MSI

Daiwa Securities Group Inc. lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 13.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,733 shares of the communications equipment provider’s stock after selling 4,866 shares during the period. Daiwa Securities Group Inc.’s holdings in Motorola Solutions were worth $13,342,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of MSI. Signature Resources Capital Management LLC bought a new position in shares of Motorola Solutions in the second quarter worth $25,000. Saudi Central Bank acquired a new stake in Motorola Solutions during the first quarter worth about $29,000. Whipplewood Advisors LLC increased its holdings in Motorola Solutions by 289.5% in the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock valued at $31,000 after buying an additional 55 shares during the period. Rossby Financial LCC increased its holdings in Motorola Solutions by 148.6% in the 2nd quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock valued at $37,000 after buying an additional 52 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Motorola Solutions in the 2nd quarter valued at approximately $39,000. 84.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Motorola Solutions

In related news, SVP James A. Niewiara sold 1,700 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $485.43, for a total transaction of $825,231.00. Following the completion of the transaction, the senior vice president directly owned 14,542 shares of the company’s stock, valued at $7,059,123.06. This trade represents a 10.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $483.50, for a total value of $24,175,000.00. Following the transaction, the chief executive officer directly owned 46,936 shares in the company, valued at $22,693,556. The trade was a 51.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.44% of the stock is currently owned by company insiders.

Motorola Solutions Price Performance

Shares of MSI opened at $371.73 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 3.59. The stock has a market cap of $61.91 billion, a PE ratio of 29.83, a PEG ratio of 2.96 and a beta of 0.99. Motorola Solutions, Inc. has a 12-month low of $365.40 and a 12-month high of $492.22. The business has a 50-day simple moving average of $409.73 and a two-hundred day simple moving average of $429.59.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.85 by $0.21. Motorola Solutions had a return on equity of 118.48% and a net margin of 18.71%.The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period last year, the firm posted $3.74 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be given a $1.21 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. This represents a $4.84 annualized dividend and a yield of 1.3%. Motorola Solutions’s dividend payout ratio is currently 34.99%.

Analyst Ratings Changes

MSI has been the topic of several analyst reports. Weiss Ratings lowered shares of Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Evercore ISI raised their target price on Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Barclays lowered their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective on the stock in a research note on Monday, December 1st. Finally, Piper Sandler reissued a “neutral” rating and set a $465.00 target price (down previously from $495.00) on shares of Motorola Solutions in a research note on Friday, October 31st. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and an average price target of $495.00.

About Motorola Solutions

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.