GAMMA Investing LLC Acquires 1,081,984 Shares of Motorola Solutions, Inc. (NYSE:MSI)

GAMMA Investing LLC raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 43,787.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,084,455 shares of the communications equipment provider's stock after purchasing an additional 1,081,984 shares during the quarter. GAMMA Investing LLC owned about 0.65% of Motorola Solutions worth $474,785,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of MSI. Vanguard Group Inc. raised its holdings in shares of Motorola Solutions by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock worth $9,789,955,000 after acquiring an additional 310,919 shares in the last quarter. Geode Capital Management LLC grew its position in Motorola Solutions by 12.1% during the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after buying an additional 451,172 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the fourth quarter worth about $1,528,949,000. FMR LLC boosted its holdings in Motorola Solutions by 12.4% during the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after purchasing an additional 334,639 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $1,073,645,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. 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 report on Monday, May 5th. JPMorgan Chase & Co. dropped their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, Morgan Stanley boosted their target price 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. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average price target of $513.25.

Insider Activity at Motorola Solutions

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now owns 804 shares of the company's stock, valued at $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 available at this hyperlink. 1.44% of the stock is owned by corporate insiders.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded up $0.73 during trading on Wednesday, reaching $422.94. The company had a trading volume of 150,031 shares, compared to its average volume of 802,035. The stock has a market capitalization of $70.60 billion, a P/E ratio of 45.87, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The company has a fifty day moving average of $420.45 and a two-hundred day moving average of $445.48. Motorola Solutions, Inc. has a 12 month low of $365.24 and a 12 month 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 for the quarter, topping the consensus estimate 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 analysts' expectations of $2.52 billion. During the same period in the prior year, the firm earned $2.81 earnings per share. The firm's revenue for the quarter was up 5.8% on a year-over-year basis. Equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed 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. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) 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.