Asset Management One Co. Ltd. Raises Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Asset Management One Co. Ltd. increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 3.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,843 shares of the communications equipment provider's stock after acquiring an additional 4,588 shares during the period. Asset Management One Co. Ltd. owned about 0.07% of Motorola Solutions worth $54,220,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Perennial Investment Advisors LLC increased its holdings in shares of Motorola Solutions by 14.4% during the 4th quarter. Perennial Investment Advisors LLC now owns 828 shares of the communications equipment provider's stock valued at $383,000 after purchasing an additional 104 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in Motorola Solutions during the fourth quarter valued at $208,000. First Horizon Advisors Inc. increased its holdings in Motorola Solutions by 102.5% in the fourth quarter. First Horizon Advisors Inc. now owns 806 shares of the communications equipment provider's stock valued at $373,000 after buying an additional 408 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in Motorola Solutions by 21.4% in the fourth quarter. Wealthspire Advisors LLC now owns 1,005 shares of the communications equipment provider's stock valued at $464,000 after buying an additional 177 shares in the last quarter. Finally, Howard Capital Management Inc. raised its position in shares of Motorola Solutions by 6.1% in the fourth quarter. Howard Capital Management Inc. now owns 1,054 shares of the communications equipment provider's stock worth $487,000 after acquiring an additional 61 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

NYSE:MSI opened at $410.22 on Tuesday. The stock has a 50 day moving average of $417.90 and a two-hundred day moving average of $436.80. Motorola Solutions, Inc. has a 12 month low of $380.72 and a 12 month high of $507.82. The firm has a market cap 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. 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 quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the company posted $2.81 earnings per share. The business's revenue was up 5.8% on a year-over-year basis. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms have recently commented on MSI. Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. dropped their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Finally, Barclays reduced their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price 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 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 sale, 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 the SEC website. 1.44% of the stock is owned by insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.