Capital Advisors Inc. OK Acquires Shares of 1,429 Motorola Solutions, Inc. (NYSE:MSI)

Capital Advisors Inc. OK acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,429 shares of the communications equipment provider's stock, valued at approximately $626,000.

Several other institutional investors have also recently bought and sold shares of the business. Heritage Wealth Management Inc. raised its position in shares of Motorola Solutions by 1.7% during the first quarter. Heritage Wealth Management Inc. now owns 1,826 shares of the communications equipment provider's stock worth $799,000 after acquiring an additional 30 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Motorola Solutions by 1.2% during the first quarter. Envestnet Asset Management Inc. now owns 577,808 shares of the communications equipment provider's stock worth $252,970,000 after acquiring an additional 6,914 shares during the last quarter. Penserra Capital Management LLC raised its position in shares of Motorola Solutions by 318.5% during the first quarter. Penserra Capital Management LLC now owns 1,837 shares of the communications equipment provider's stock worth $803,000 after acquiring an additional 1,398 shares during the last quarter. Rice Partnership LLC raised its position in shares of Motorola Solutions by 2.5% during the first quarter. Rice Partnership LLC now owns 25,031 shares of the communications equipment provider's stock worth $10,959,000 after acquiring an additional 614 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in shares of Motorola Solutions by 2.1% during the first quarter. Concurrent Investment Advisors LLC now owns 6,954 shares of the communications equipment provider's stock worth $3,044,000 after acquiring an additional 145 shares during the last quarter. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Up 0.3%

NYSE:MSI opened at $426.20 on Tuesday. Motorola Solutions, Inc. has a 1 year low of $385.17 and a 1 year 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. The stock has a market cap of $71.14 billion, a price-to-earnings ratio of 35.58, a PEG ratio of 3.66 and a beta of 0.95. The stock has a 50-day moving average price of $417.39 and a two-hundred day moving average price of $433.41.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts' expectations of $2.52 billion. During the same period in the previous year, the firm earned $2.81 earnings per share. The company's revenue was up 5.8% on a year-over-year basis. As a group, equities analysts expect 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. Shareholders of record on Friday, June 13th will be paid a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. Motorola Solutions's payout ratio is 36.39%.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSI. JPMorgan Chase & Co. dropped their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. 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. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Finally, Wolfe Research started coverage on Motorola Solutions in a report on Monday. They issued a "peer perform" rating for the company. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Insider Transactions at Motorola Solutions

In other Motorola Solutions 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 transaction, the chief accounting officer directly owned 804 shares of the company's stock, valued at approximately $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.44% of the company's stock.

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.

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