EULAV Asset Management Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

EULAV Asset Management increased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 176,100 shares of the communications equipment provider's stock after acquiring an additional 10,000 shares during the period. Motorola Solutions makes up approximately 1.9% of EULAV Asset Management's investment portfolio, making the stock its 12th biggest position. EULAV Asset Management owned 0.11% of Motorola Solutions worth $77,098,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MSI. Deseret Mutual Benefit Administrators boosted its position in shares of Motorola Solutions by 5.4% during the first quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider's stock valued at $206,000 after buying an additional 24 shares during the period. Prestige Wealth Management Group LLC boosted its holdings in shares of Motorola Solutions by 11.9% in the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock valued at $109,000 after purchasing an additional 25 shares during the period. Hazlett Burt & Watson Inc. boosted its holdings in shares of Motorola Solutions by 22.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock valued at $63,000 after purchasing an additional 25 shares during the period. Clark Capital Management Group Inc. boosted its holdings in shares of Motorola Solutions by 4.3% in the fourth quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock valued at $294,000 after purchasing an additional 26 shares during the period. Finally, Wesbanco Bank Inc. boosted its holdings in shares of Motorola Solutions by 2.0% in the first quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider's stock valued at $576,000 after purchasing an additional 26 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Barclays lowered their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Wolfe Research began coverage on shares of Motorola Solutions in a research note on Monday. They issued a "peer perform" rating for the company. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions presently has an average rating of "Moderate Buy" and an average target price of $513.25.

Motorola Solutions Stock Down 2.3%

Shares of MSI stock traded down $9.99 during trading hours on Tuesday, reaching $416.38. 259,147 shares of the company's stock were exchanged, compared to its average volume of 821,833. The stock's 50 day moving average is $417.39 and its 200-day moving average is $433.41. The company has a market cap of $69.50 billion, a price-to-earnings ratio of 34.80, a P/E/G ratio of 3.66 and a beta of 0.95. 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, Inc. has a fifty-two week low of $385.17 and a fifty-two week high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.81 earnings per share. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

Insider Buying and Selling at Motorola Solutions

In other 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 directly owned 804 shares of the company's stock, valued at $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.44% of the stock is owned by company insiders.

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.