Andina Capital Management LLC Purchases Shares of 1,241 Motorola Solutions, Inc. $MSI

Andina Capital Management LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,241 shares of the communications equipment provider’s stock, valued at approximately $543,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MSI. Nuveen LLC acquired a new position in shares of Motorola Solutions during the first quarter worth approximately $650,426,000. GAMMA Investing LLC lifted its position in shares of Motorola Solutions by 43,787.3% during the first quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider’s stock worth $474,785,000 after purchasing an additional 1,081,984 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its position in shares of Motorola Solutions by 209.3% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider’s stock worth $258,528,000 after purchasing an additional 378,462 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Motorola Solutions by 1.5% during the first quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider’s stock worth $9,413,403,000 after purchasing an additional 321,280 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its position in shares of Motorola Solutions by 541.2% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 331,910 shares of the communications equipment provider’s stock worth $145,312,000 after purchasing an additional 280,145 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Q. Brown sold 17,600 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $459.79, for a total value of $8,092,304.00. Following the completion of the sale, the chief executive officer owned 24,046 shares of the company’s stock, valued at approximately $11,056,110.34. This represents a 42.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Katherine A. Maher sold 1,073 shares of the company’s stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the sale, the chief accounting officer directly owned 804 shares of the company’s stock, valued at $336,618.72. The trade was a 57.17% decrease in their position. The disclosure for this sale can be found here. Insiders sold 101,438 shares of company stock valued at $46,865,881 in the last ninety days. Insiders own 1.44% of the company’s stock.

Motorola Solutions Trading Up 0.2%

MSI opened at $461.42 on Tuesday. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.73 and a quick ratio of 1.54. The company has a market cap of $76.87 billion, a price-to-earnings ratio of 37.15, a price-to-earnings-growth ratio of 3.74 and a beta of 0.97. The firm has a 50 day simple moving average of $426.84 and a 200 day simple moving average of $427.06. Motorola Solutions, Inc. has a fifty-two week low of $388.90 and a fifty-two week high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.36 by $0.21. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the previous year, the firm posted $3.24 earnings per share. Motorola Solutions’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on MSI shares. Wall Street Zen lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, May 22nd. Wolfe Research started coverage on shares of Motorola Solutions in a research report on Monday, July 7th. They set a “peer perform” rating on the stock. William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Barclays reduced their target price on shares of Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Finally, UBS Group boosted their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $512.67.

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.