Crossmark Global Holdings Inc. Trims Position in Motorola Solutions, Inc. (NYSE:MSI)

Crossmark Global Holdings Inc. lowered its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 49.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,637 shares of the communications equipment provider's stock after selling 6,552 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Motorola Solutions were worth $2,906,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of MSI. ORG Wealth Partners LLC raised its stake in shares of Motorola Solutions by 346.2% in the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after acquiring an additional 45 shares during the period. SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at $30,000. Meeder Asset Management Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at $32,000. Community Bank N.A. purchased a new stake in shares of Motorola Solutions in the first quarter valued at $32,000. Finally, Fourth Dimension Wealth LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at $34,000. Institutional investors own 84.17% of the company's stock.

Insider Buying and Selling at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction dated 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 directly owned 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.44% of the company's stock.

Analyst Upgrades and Downgrades

MSI has been the topic of several recent analyst reports. Barclays reduced their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. JPMorgan Chase & Co. reduced their target price 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. Wolfe Research assumed coverage on shares of Motorola Solutions in a research note on Monday. They issued a "peer perform" rating on the stock. Finally, Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average price target of $513.25.

Motorola Solutions Stock Up 0.2%

Motorola Solutions stock traded up $0.63 during midday trading on Wednesday, hitting $417.99. 698,859 shares of the company's stock were exchanged, compared to its average volume of 824,232. 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, Inc. has a 12 month low of $385.17 and a 12 month high of $507.82. The firm has a 50-day moving average of $417.01 and a two-hundred day moving average of $433.30. The company has a market cap of $69.77 billion, a PE ratio of 34.89, a P/E/G ratio of 3.67 and a beta of 0.95.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $2.52 billion. During the same period in the prior year, the business earned $2.81 EPS. The firm's quarterly revenue was up 5.8% on a year-over-year basis. As a group, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio is currently 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.