Czech National Bank Has $16.81 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Czech National Bank increased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund 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 reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $1,528,949,000. Norges Bank acquired a new position in Motorola Solutions during the 4th quarter worth $1,073,645,000. GAMMA Investing LLC boosted its holdings in Motorola Solutions by 43,787.3% during the first quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock valued at $474,785,000 after acquiring an additional 1,081,984 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Motorola Solutions by 330.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock valued at $291,922,000 after purchasing an additional 484,727 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after purchasing an additional 451,172 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Motorola Solutions

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 transaction of $449,243.64. Following the completion of the sale, the chief accounting officer now owns 804 shares of the company's stock, 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 filing with the SEC, which is accessible through this link. 1.44% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have issued reports on MSI shares. JPMorgan Chase & Co. lowered their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Morgan Stanley raised their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Barclays cut their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company 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. Finally, Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded down $3.53 during midday trading on Wednesday, reaching $418.68. 577,717 shares of the company's stock were exchanged, compared to its average volume of 803,992. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company's 50 day simple moving average is $420.45 and its two-hundred day simple moving average is $445.48. Motorola Solutions, Inc. has a 12 month low of $365.24 and a 12 month high of $507.82. The firm has a market capitalization of $69.88 billion, a PE ratio of 45.41, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the previous year, the business earned $2.81 earnings per share. The company'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. Stockholders of record on Friday, June 13th will be paid a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. Motorola Solutions's dividend payout ratio is presently 36.39%.

About Motorola Solutions

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.