Cetera Investment Advisers Acquires 2,515 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Cetera Investment Advisers grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,045 shares of the communications equipment provider's stock after buying an additional 2,515 shares during the quarter. Cetera Investment Advisers' holdings in Motorola Solutions were worth $20,159,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MSI. ORG Wealth Partners LLC raised its position in Motorola Solutions by 346.2% during the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after acquiring an additional 45 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $32,000. Fourth Dimension Wealth LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at about $34,000. Community Bank N.A. acquired a new stake in Motorola Solutions in the 1st quarter valued at about $32,000. Finally, Fort Vancouver Investment Management LLC bought a new position in Motorola Solutions during the first quarter worth about $37,000. 84.17% of the stock is owned by institutional investors.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the business's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the sale, the chief accounting officer 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 filing with the SEC, which can be accessed through the SEC website. Insiders own 1.44% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on MSI shares. JPMorgan Chase & Co. dropped their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Wolfe Research assumed coverage on Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating for the company. Barclays decreased 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. Finally, William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $510.67.

Motorola Solutions Stock Performance

Shares of MSI traded down $4.57 during mid-day trading on Friday, hitting $434.41. 432,243 shares of the company's stock were exchanged, compared to its average volume of 890,115. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 3.42. The firm has a market cap of $72.51 billion, a price-to-earnings ratio of 36.30, a price-to-earnings-growth ratio of 3.75 and a beta of 0.95. The stock's 50-day simple moving average is $418.35 and its 200-day simple moving average is $428.78. Motorola Solutions, Inc. has a 52 week low of $388.90 and a 52 week high of $507.82.

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

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

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.