June 28, 2023 – Ronald Blue Trust Inc., a renowned institutional investor, has significantly reduced its holdings in communications equipment provider, Motorola Solutions Inc. (NYSE:MSI), according to the company’s Form 13F filing with the Securities and Exchange Commission (SEC). The filing revealed that Ronald Blue Trust Inc. sold 820 shares of Motorola Solutions during the first quarter, amounting to a decrease of 24.9% in their holdings. At the end of the reporting period, Ronald Blue Trust Inc.’s remaining holdings in Motorola Solutions were valued at $636,000.
In addition to this development, CEO Gregory Q. Brown made headlines by selling 50,000 shares of Motorola Solutions stock on Monday, May 15th. The transaction took place at an average price of $290.54 per share, resulting in a total value of $14,527,000.00. After this sale, Brown now holds approximately 91,843 shares in the company worth approximately $26,684,065.22. This particular transaction was formally disclosed through a legal filing with the SEC.
Furthermore, it is worth noting that CAO Katherine A. Maher also sold 1,933 shares of Motorola Solutions stock on Wednesday, May 10th at an average price of $289.01 per share. As a result of this sale, Maher now possesses 1,611 shares in the company valued at $465,595.11.
The recent activities involving insider selling have been quite notable for Motorola Solutions as insiders have collectively sold a significant number of shares over the past three months – specifically totaling 101,933 shares with an estimated value of $29,6427 million. It is important to mention that these sales by corporate insiders represent approximately 1.5% of the company’s overall stock ownership.
On June 28th this year (2023), MSI opened at $283.88. The company currently boasts a market capitalization of $47.61 billion, with a price-to-earnings (P/E) ratio of 35.49 and a price-to-earnings growth (P/E/G) ratio of 3.10, indicating its growth potential relative to its earnings. Additionally, MSI has a beta coefficient of 0.93, reflecting its sensitivity to market movements in comparison to the broader market.
From a broader perspective, Motorola Solutions’ stock performance over the past year showcases a low of $204.55 and a high of $299.43, suggesting an impressive range for investors during this period.
In terms of liquidity and financial health, Motorola Solutions reports a quick ratio of 0.94 and a current ratio of 1.22, indicating its ability to meet short-term obligations. However, it is worth noting that the company maintains a relatively high debt-to-equity ratio at 24.15.
The company’s reported average values over the last fifty days include a simple moving average (SMA) of $286.01 and a two-hundred-day simple moving average (SMA) of $273.04.
As we evaluate these recent developments surrounding Ronald Blue Trust Inc.’s decrease in holdings and insider selling at Motorola Solutions Inc., it is evident that there have been significant changes within the company’s ownership structure and executive team shareholdings over the past few months.It will be interesting to see how these developments impact future investor sentiment and the overall trajectory of Motorola Solutions in the coming period.
Please note that all information provided in this article is based on public disclosures made by Motorola Solutions Inc., Ronald Blue Trust Inc., and relevant regulatory bodies as per June 28th, 2023.
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Motorola Solutions: Institutional Investors, Ratings, and Recent News
Motorola Solutions: A Closer Look at Institutional Investors, Ratings, and Recent News
June 28, 2023
Motorola Solutions (NYSE:MSI) has been making waves in the market recently. With a range of institutional investors making changes to their positions in the company, it’s clear that Motorola Solutions is attracting attention from key players. Norges Bank acquired a new stake in the communications equipment provider during the fourth quarter of 2022, valuing the investment at an impressive $470,994,000. Price T Rowe Associates Inc. MD also raised its position in Motorola Solutions by 32.4% during the third quarter of 2022, now owning over 2 million shares worth $621,567,000.
BlackRock Inc., one of the world’s largest asset management firms, lifted its holdings in Motorola Solutions by 4.3% during the same period. The firm now owns over 14 million shares valued at $3,281,573,000. Alliancebernstein L.P., another significant player in institutional investing, boosted its position in Motorola Solutions during the fourth quarter by 15.3%, now holding over 3 million shares worth $903,721,000.
Robeco Institutional Asset Management B.V., known for its expertise in managing assets for institutional investors worldwide, massively increased its stake in Motorola Solutions by a staggering 496.5% during the fourth quarter of 2022. The firm now holds over 400 thousand shares valued at $107 ,546 ,000.
These endorsements from leading institutional investors serve as an encouraging sign for Motorola Solutions’ future growth and performance.
In addition to these notable investment moves, various research reports have shed light on Motorola Solutions’ prospects and overall market rating. Barclays increased their price target on June to $329.00 per share from $303.00 per share earlier this year – a significant vote of confidence from industry experts. Similarly, 1-800-FLOWERS.COM has reiterated a “maintains” rating on Motorola Solutions’ stock, further endorsing the company’s position in the market.
JPMorgan Chase & Co. raised their rating from “neutral” to “overweight,” boosting their price target from $300.00 to $305.00 per share, highlighting their optimistic outlook on the company’s performance for the coming quarters.
Another positive endorsement comes from Jefferies Financial Group which increased its price target on Motorola Solutions’ shares from $310.00 to $335.00, signaling even higher expectations for growth.
However, it is important to note the mixed opinions about Motorola Solutions as well. StockNews.com downgraded the stock from a “buy” rating to a “hold” rating in a recent research note.
According to Bloomberg, with four analysts giving it a hold rating and two offering a buy rating, Motorola Solutions currently has an average rating of “Hold.” The consensus among analysts suggests that the company’s fair value is around $301.67 per share.
In other news, CEO Gregory Q. Brown recently sold 50,000 shares of Motorola Solutions stock at an average price of $290.54 per share, totaling approximately $14,527,000 in value. Following this transaction, Brown now owns 91 ,843 shares valued at around $26 ,684 ,065 .22 .
Additionally, CAO Katherine A. Maher sold 1 ,933 shares of Motorola Solutions stock at an average price of $289 .01 per share, summing up to roughly 558 ,656 .33 .
It is interesting to note that corporate insiders have sold a total of 101 ,933 shares worth over$29 ,642 ,156 throughout the past three months.
Motorola Solutions recently released its earnings report for Q1 2023.MSI reported an impressive earnings-per-share (EPS) of $2.22, surpassing analysts’ consensus estimate of $2.05 by $0.17. The company also delivered revenue of $2 ,170 billion, surpassing the average analyst expectation of $2 ,120 billion.
Despite posting an increase in net margin – 14.63% compared to the previous quarter – Motorola Solutions had a negative return on equity of 1,549.95%. However, these figures did not significantly affect market sentiment, as MSI’s revenue for the quarter rose by 14.7% compared to the same period last year.
Looking ahead, research analysts anticipate that Motorola Solutions will post EPS of 10.07 for the current fiscal year.
Finally, Motorola Solutions announced a quarterly dividend to be paid on July 14th . Shareholders who held their positions as of June 15th will receive a dividend payment of $0 .88 per share.
This represents an annualized dividend pay-out ratio of 44% and a dividend yield of 1 .24%.
In conclusion, Motorola Solutions continues to garner interest from institutional investors, thanks in part to its solid financial performance and positive ratings from reputable financial institutions such as Barclays and Jefferies Financial Group. However, it’s worth noting that there are differing opinions in the market regarding MSI’s
