Czech National Bank Grows Position in Motorola Solutions, Inc. (NYSE:MSI)

Czech National Bank lifted its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,385 shares of the communications equipment provider's stock after purchasing an additional 2,149 shares during the quarter. Czech National Bank's holdings in Motorola Solutions were worth $16,805,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Crews Bank & Trust purchased a new stake in Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. purchased a new stake in Motorola Solutions during the 4th quarter valued at approximately $30,000. Meeder Asset Management Inc. acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $32,000. Finally, Fourth Dimension Wealth LLC purchased a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $34,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

NYSE:MSI traded down $1.51 during trading hours on Thursday, reaching $415.89. 992,898 shares of the company traded hands, compared to its average volume of 807,465. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The stock has a market cap of $69.42 billion, a P/E ratio of 45.11, a P/E/G ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a 1-year low of $367.18 and a 1-year high of $507.82. The firm's 50-day moving average is $419.69 and its 200-day moving average is $444.77.

Motorola Solutions (NYSE:MSI - Get Free Report) last released 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 net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the prior year, the firm earned $2.81 EPS. The firm's quarterly revenue was up 5.8% on a year-over-year basis. Equities research 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 announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.05%. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

Insiders Place Their Bets

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer now owns 804 shares of the company's stock, valued at $336,618.72. This represents a 57.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.44% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on MSI. Barclays dropped their price objective 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 restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Finally, JPMorgan Chase & Co. lowered their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.