Cambridge Investment Research Advisors Inc. Sells 2,184 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Cambridge Investment Research Advisors Inc. cut its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 10.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,411 shares of the communications equipment provider's stock after selling 2,184 shares during the quarter. Cambridge Investment Research Advisors Inc.'s holdings in Motorola Solutions were worth $8,499,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Perennial Investment Advisors LLC lifted its holdings in Motorola Solutions by 14.4% in the fourth quarter. Perennial Investment Advisors LLC now owns 828 shares of the communications equipment provider's stock worth $383,000 after buying an additional 104 shares during the period. Revolve Wealth Partners LLC bought a new position in shares of Motorola Solutions in the 4th quarter worth approximately $208,000. First Horizon Advisors Inc. lifted its stake in shares of Motorola Solutions by 102.5% in the 4th quarter. First Horizon Advisors Inc. now owns 806 shares of the communications equipment provider's stock valued at $373,000 after purchasing an additional 408 shares during the period. Wealthspire Advisors LLC boosted its position in shares of Motorola Solutions by 21.4% during the fourth quarter. Wealthspire Advisors LLC now owns 1,005 shares of the communications equipment provider's stock valued at $464,000 after purchasing an additional 177 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $1,704,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on MSI shares. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research 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. JPMorgan Chase & Co. dropped their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Barclays cut their price objective 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. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Motorola Solutions currently has an average rating of "Moderate Buy" and an average target price of $513.25.

Insiders Place Their Bets

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm'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 sale, the chief accounting officer now owns 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.44% of the stock is owned by insiders.

Motorola Solutions Stock Up 0.2%

Shares of Motorola Solutions stock opened at $419.31 on Thursday. The company has a 50-day simple moving average of $417.62 and a two-hundred day simple moving average of $436.56. The stock has a market capitalization of $69.99 billion, a PE ratio of 35.00, a price-to-earnings-growth ratio of 3.60 and a beta of 0.96. Motorola Solutions, Inc. has a 52-week low of $380.72 and a 52-week high of $507.82. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping analysts' consensus estimates 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 analyst estimates of $2.52 billion. During the same period in the previous year, the business earned $2.81 EPS. The firm's revenue for the quarter was up 5.8% on a year-over-year basis. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS 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 issued a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions's payout ratio is 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.

Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI - Free Report).

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.