MQS Management LLC Acquires Shares of 822 Motorola Solutions, Inc. (NYSE:MSI)

MQS Management LLC bought a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 822 shares of the communications equipment provider's stock, valued at approximately $360,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. ORG Wealth Partners LLC lifted its holdings in shares of Motorola Solutions by 346.2% during the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after purchasing an additional 45 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Motorola Solutions during the 4th quarter valued at about $32,000. Community Bank N.A. purchased a new position in shares of Motorola Solutions during the 1st quarter valued at about $32,000. Fourth Dimension Wealth LLC purchased a new position in shares of Motorola Solutions during the 4th quarter valued at about $34,000. Finally, Fort Vancouver Investment Management LLC purchased a new position in Motorola Solutions in the 1st quarter worth approximately $37,000. Institutional investors own 84.17% of the company's stock.

Insider Buying and Selling at Motorola Solutions

In other news, 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 value 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 approximately $336,618.72. This represents a 57.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.44% of the company's stock.

Motorola Solutions Stock Up 0.2%

Shares of NYSE:MSI traded up $0.88 during midday trading on Friday, hitting $421.92. 290,061 shares of the company's stock traded hands, compared to its average volume of 828,308. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The company has a market cap of $70.43 billion, a PE ratio of 35.22, a P/E/G ratio of 3.58 and a beta of 0.95. The firm's fifty day moving average price is $416.65 and its two-hundred day moving average price is $430.97. Motorola Solutions, Inc. has a twelve month low of $385.17 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results 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 net margin of 18.67% and a return on equity of 160.93%. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the previous year, the firm earned $2.81 EPS. The company's revenue was up 5.8% on a year-over-year basis. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date was Friday, June 13th. Motorola Solutions's payout ratio is 36.39%.

Analysts Set New Price Targets

A number of research analysts have weighed in on MSI shares. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Wolfe Research started coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They set a "peer perform" rating for the company. JPMorgan Chase & Co. lowered their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, Barclays reduced their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $510.67.

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.