Advisor Resource Council Acquires Shares of 805 Motorola Solutions, Inc. (NYSE:MSI)

Advisor Resource Council bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 805 shares of the communications equipment provider's stock, valued at approximately $344,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Wealth Partners LLC increased its holdings in Motorola Solutions by 346.2% during the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after acquiring an additional 45 shares during the period. First Command Advisory Services Inc. bought a new stake in Motorola Solutions during the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new stake in Motorola Solutions during the 4th quarter worth approximately $30,000. Meeder Asset Management Inc. bought a new stake in Motorola Solutions during the 4th quarter worth approximately $32,000. Finally, Fourth Dimension Wealth LLC bought a new stake in Motorola Solutions during the 4th quarter worth approximately $34,000. Institutional investors own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Barclays decreased their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. JPMorgan Chase & Co. cut their price target 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. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Finally, William Blair reissued an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Insider Buying and Selling

In related news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction 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 transaction, the chief accounting officer now owns 804 shares in the company, valued at $336,618.72. This trade represents a 57.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.44% of the stock is owned by corporate insiders.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded up $3.97 during trading on Monday, reaching $410.22. The company had a trading volume of 1,268,079 shares, compared to its average volume of 818,322. The company has a fifty day moving average of $417.90 and a two-hundred day moving average of $436.80. The stock has a market capitalization of $68.47 billion, a P/E ratio of 34.24, a price-to-earnings-growth ratio of 3.50 and a beta of 0.96. Motorola Solutions, Inc. has a 12 month low of $380.72 and a 12 month high of $507.82. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The firm's revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.81 EPS. Equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

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

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.