Bessemer Group Inc. Has $583.46 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Bessemer Group Inc. decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,332,675 shares of the communications equipment provider's stock after selling 27,768 shares during the quarter. Motorola Solutions comprises about 1.0% of Bessemer Group Inc.'s portfolio, making the stock its 17th biggest holding. Bessemer Group Inc. owned about 0.80% of Motorola Solutions worth $583,458,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in MSI. Kingswood Wealth Advisors LLC increased its holdings in Motorola Solutions by 3.2% during the first quarter. Kingswood Wealth Advisors LLC now owns 935 shares of the communications equipment provider's stock worth $409,000 after buying an additional 29 shares during the last quarter. National Pension Service grew its position in shares of Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after acquiring an additional 87,722 shares during the period. Proficio Capital Partners LLC grew its position in shares of Motorola Solutions by 56,562.5% in the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock valued at $145,884,000 after acquiring an additional 315,053 shares during the period. Los Angeles Capital Management LLC increased its stake in shares of Motorola Solutions by 16.4% during the 4th quarter. Los Angeles Capital Management LLC now owns 476,564 shares of the communications equipment provider's stock worth $220,282,000 after purchasing an additional 67,143 shares during the last quarter. Finally, Bryce Point Capital LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at about $518,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Trading Down 0.7%

MSI traded down $2.91 during trading on Thursday, reaching $416.09. 724,790 shares of the company's stock were exchanged, compared to its average volume of 818,907. 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, Inc. has a one year low of $384.15 and a one year high of $507.82. The firm has a fifty day moving average price of $417.62 and a two-hundred day moving average price of $436.56. The stock has a market capitalization of $69.45 billion, a PE ratio of 34.73, a price-to-earnings-growth ratio of 3.61 and a beta of 0.96.

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

Motorola Solutions Dividend Announcement

The firm 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 dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.05%. Motorola Solutions's payout ratio is currently 36.39%.

Insiders Place Their Bets

In related news, CAO Katherine A. Maher sold 1,073 shares of the business's stock in a transaction dated 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 of the company's stock, valued at $336,618.72. The trade was a 57.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.44% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on MSI shares. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Barclays dropped their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Finally, JPMorgan Chase & Co. cut their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average target price of $513.25.

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.