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

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

Other institutional investors and hedge funds have also recently bought and sold shares of the company. National Pension Service grew its stake in Motorola Solutions by 22.9% in the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after purchasing an additional 87,722 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in Motorola Solutions in the fourth quarter valued at about $24,136,000. Proficio Capital Partners LLC grew its stake in Motorola Solutions by 56,562.5% in the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock valued at $145,884,000 after purchasing an additional 315,053 shares in the last quarter. Lecap Asset Management Ltd. purchased a new position in Motorola Solutions in the fourth quarter valued at about $1,791,000. Finally, Legacy Solutions LLC acquired a new stake in shares of Motorola Solutions in the fourth quarter worth about $407,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of NYSE MSI traded up $1.68 during trading hours on Friday, hitting $417.80. 594,704 shares of the company's stock were exchanged, compared to its average volume of 809,901. Motorola Solutions, Inc. has a 1-year low of $370.00 and a 1-year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The stock has a market capitalization of $69.74 billion, a price-to-earnings ratio of 45.31, a PEG ratio of 3.82 and a beta of 0.96. The company's 50-day moving average price is $419.32 and its 200-day moving average price is $443.96.

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

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions's dividend payout ratio (DPR) is 36.39%.

Analyst Ratings Changes

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

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the completion of the transaction, the chief accounting officer now owns 804 shares of the company's stock, valued at $336,618.72. This represents a 57.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.44% of the company's stock.

Motorola Solutions 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.