Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Catalina Capital Group LLC

Catalina Capital Group LLC reduced its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 53.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 613 shares of the communications equipment provider's stock after selling 703 shares during the quarter. Catalina Capital Group LLC's holdings in Motorola Solutions were worth $268,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. National Pension Service raised its stake in Motorola Solutions by 22.9% during the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock worth $217,654,000 after acquiring an additional 87,722 shares during the period. Union Bancaire Privee UBP SA bought a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $24,136,000. Proficio Capital Partners LLC raised its position in shares of Motorola Solutions by 56,562.5% during the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock worth $145,884,000 after purchasing an additional 315,053 shares during the period. Legacy Solutions LLC bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $407,000. Finally, Los Angeles Capital Management LLC lifted its holdings in shares of Motorola Solutions by 16.4% in 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. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Performance

Shares of NYSE MSI traded down $2.00 during midday trading on Thursday, reaching $404.41. 700,171 shares of the company traded hands, compared to its average volume of 815,110. The company has a market cap of $67.50 billion, a price-to-earnings ratio of 33.76, a PEG ratio of 3.50 and a beta of 0.96. The stock has a 50-day moving average price of $418.74 and a 200 day moving average price of $439.44. 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 current ratio of 1.20 and a quick ratio of 1.03.

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

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's payout ratio is currently 36.39%.

Insider Activity

In other 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 owns 804 shares in the company, valued at $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.44% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Barclays reduced their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. 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 report on Thursday, April 17th. Finally, William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target 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.