Commonwealth Equity Services LLC Acquires 3,926 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Commonwealth Equity Services LLC raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 48,148 shares of the communications equipment provider's stock after purchasing an additional 3,926 shares during the period. Commonwealth Equity Services LLC's holdings in Motorola Solutions were worth $21,080,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ORG Wealth Partners LLC increased its position in shares of 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 buying an additional 45 shares during the period. Community Bank N.A. acquired a new stake in Motorola Solutions during the first quarter worth approximately $32,000. Fourth Dimension Wealth LLC bought a new stake in Motorola Solutions in the fourth quarter worth approximately $34,000. Fort Vancouver Investment Management LLC bought a new position in shares of Motorola Solutions during the 1st quarter worth approximately $37,000. Finally, Alpine Bank Wealth Management bought a new position in Motorola Solutions during the first quarter worth $40,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of MSI stock traded up $9.02 during trading on Friday, reaching $454.12. 1,617,473 shares of the company's stock traded hands, compared to its average volume of 903,622. The firm's 50-day moving average is $420.42 and its 200 day moving average is $428.01. The company has a market capitalization of $75.80 billion, a P/E ratio of 37.91, a PEG ratio of 3.80 and a beta of 0.97. Motorola Solutions, Inc. has a 1 year low of $388.90 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.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, topping analysts' consensus estimates of $3.36 by $0.21. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The firm had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same period last year, the company earned $3.24 earnings per share. The business's revenue for the quarter was up 5.2% on a year-over-year basis. Equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were issued 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 of this dividend was Friday, June 13th. Motorola Solutions's dividend payout ratio is presently 36.39%.

Insider Activity

In other 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 completion of the transaction, the chief accounting officer directly owned 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.44% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MSI. UBS Group reaffirmed a "buy" rating and set a $510.00 price target (up from $490.00) on shares of Motorola Solutions in a research note on Friday. JPMorgan Chase & Co. lowered their target price 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. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Barclays set a $509.00 price objective on Motorola Solutions and gave the company an "overweight" rating in a research note on Friday. Finally, William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Three investment 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 stock currently has an average rating of "Moderate Buy" and a consensus target price of $512.67.

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.