Hilltop Holdings Inc. Has $5.02 Million Stock Holdings in Motorola Solutions, Inc. $MSI

Hilltop Holdings Inc. lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 29.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,982 shares of the communications equipment provider’s stock after purchasing an additional 2,520 shares during the quarter. Hilltop Holdings Inc.’s holdings in Motorola Solutions were worth $5,022,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Hollow Brook Wealth Management LLC acquired a new stake in Motorola Solutions in the 3rd quarter valued at about $397,000. Gotham Asset Management LLC raised its stake in shares of Motorola Solutions by 18.6% in the third quarter. Gotham Asset Management LLC now owns 14,531 shares of the communications equipment provider’s stock worth $6,645,000 after acquiring an additional 2,275 shares during the last quarter. Element Capital Management LLC acquired a new position in shares of Motorola Solutions during the third quarter worth approximately $503,000. Clark Capital Management Group Inc. grew its stake in shares of Motorola Solutions by 8.4% during the third quarter. Clark Capital Management Group Inc. now owns 708 shares of the communications equipment provider’s stock valued at $324,000 after purchasing an additional 55 shares during the last quarter. Finally, Ausdal Financial Partners Inc. acquired a new stake in shares of Motorola Solutions in the third quarter valued at approximately $327,000. Institutional investors own 84.17% of the company’s stock.

Insider Buying and Selling

In other Motorola Solutions news, CEO Gregory Q. Brown sold 50,000 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $468.09, for a total transaction of $23,404,500.00. Following the sale, the chief executive officer directly owned 47,167 shares of the company’s stock, valued at approximately $22,078,401.03. This represents a 51.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kenneth D. Denman sold 434 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $470.12, for a total transaction of $204,032.08. Following the sale, the director owned 7,153 shares of the company’s stock, valued at approximately $3,362,768.36. This represents a 5.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 129,069 shares of company stock worth $60,779,964. 1.44% of the stock is owned by insiders.

Motorola Solutions Stock Up 2.3%

MSI stock opened at $473.41 on Monday. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87. The stock has a market capitalization of $78.43 billion, a P/E ratio of 37.10, a P/E/G ratio of 3.31 and a beta of 0.96. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The business has a 50-day moving average of $429.21 and a 200-day moving average of $422.77.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.Motorola Solutions’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm earned $4.04 EPS. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be given a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s payout ratio is currently 37.93%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $470.00 price objective on shares of Motorola Solutions in a research note on Thursday, February 12th. JPMorgan Chase & Co. upped their price objective on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target for the company in a report on Monday, December 1st. Argus raised Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. Finally, Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Buy” and an average target price of $497.14.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.