Avanza Fonder AB Sells 1,475 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Avanza Fonder AB decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,058 shares of the communications equipment provider's stock after selling 1,475 shares during the period. Avanza Fonder AB's holdings in Motorola Solutions were worth $7,017,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in Motorola Solutions in the fourth quarter valued at about $1,528,949,000. Norges Bank bought a new stake in Motorola Solutions in the fourth quarter valued at $1,073,645,000. GAMMA Investing LLC increased its stake in shares of Motorola Solutions by 43,787.3% in the first quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock valued at $474,785,000 after purchasing an additional 1,081,984 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in Motorola Solutions by 330.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after acquiring an additional 484,727 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after purchasing an additional 451,172 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Down 0.9%

Shares of MSI traded down $3.71 during midday trading on Wednesday, hitting $408.54. The stock had a trading volume of 840,899 shares, compared to its average volume of 810,196. Motorola Solutions, Inc. has a fifty-two week low of $370.00 and a fifty-two week high of $507.82. The business has a 50-day simple moving average of $418.36 and a two-hundred day simple moving average of $442.78. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a market cap of $68.19 billion, a P/E ratio of 44.31, a price-to-earnings-growth ratio of 3.82 and a beta of 0.96.

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. The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.81 EPS. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.07%. Motorola Solutions's payout ratio is presently 36.39%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the 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 now owns 804 shares in the company, valued at $336,618.72. This represents a 57.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.44% of the company's stock.

Analyst Upgrades and Downgrades

MSI has been the topic of a number of research analyst reports. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. JPMorgan Chase & Co. lowered their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Finally, Barclays lowered their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Two investment 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.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $513.25.

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.