Signal Advisors Wealth LLC Purchases Shares of 1,859 Motorola Solutions, Inc. (NYSE:MSI)

Signal Advisors Wealth LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,859 shares of the communications equipment provider's stock, valued at approximately $814,000.

Other large investors also recently bought and sold shares of the company. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions in the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at about $30,000. Meeder Asset Management Inc. purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at about $32,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at about $34,000. Finally, Sierra Ocean LLC purchased a new position in Motorola Solutions during the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. JPMorgan Chase & Co. reduced their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Barclays decreased their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Finally, Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Stock Performance

Shares of NYSE MSI traded down $0.52 during trading on Tuesday, reaching $412.26. The stock had a trading volume of 677,318 shares, compared to its average volume of 809,504. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a market cap of $68.81 billion, a PE ratio of 44.71, a P/E/G ratio of 3.82 and a beta of 0.96. Motorola Solutions, Inc. has a one year low of $370.00 and a one year high of $507.82. The firm's 50 day moving average price is $418.36 and its two-hundred day moving average price is $442.78.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. During the same period in the prior year, the company earned $2.81 earnings per share. The firm's revenue was up 5.8% compared to the same quarter last year. On average, research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's payout ratio is 36.39%.

Insider Transactions at Motorola Solutions

In related news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the transaction, the chief accounting officer now directly owns 804 shares in the company, valued at $336,618.72. This represents a 57.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.44% of the company's stock.

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.