LifeWealth Investments LLC Invests $288,000 in Motorola Solutions, Inc. (NYSE:MSI)

LifeWealth Investments LLC acquired a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 658 shares of the communications equipment provider's stock, valued at approximately $288,000.

A number of other large investors also recently modified their holdings of MSI. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in Motorola Solutions in the fourth quarter valued at about $30,000. Meeder Asset Management Inc. purchased a new position in Motorola Solutions in the fourth quarter valued at about $32,000. Fourth Dimension Wealth LLC purchased a new position in Motorola Solutions in the fourth quarter valued at about $34,000. Finally, Sierra Ocean LLC purchased a new position in Motorola Solutions in the fourth quarter valued at about $35,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on MSI. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research note 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 note on Monday, May 5th. Finally, JPMorgan Chase & Co. decreased their target price 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. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $513.25.

Motorola Solutions Stock Up 0.3%

MSI stock traded up $1.30 during midday trading on Friday, hitting $406.04. 1,457,806 shares of the company's stock were exchanged, compared to its average volume of 816,515. 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 12-month low of $380.72 and a 12-month high of $507.82. The firm has a 50 day moving average price of $418.23 and a 200-day moving average price of $437.76. The stock has a market capitalization of $67.78 billion, a price-to-earnings ratio of 33.89, a price-to-earnings-growth ratio of 3.50 and a beta of 0.96.

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 during the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The business's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.81 earnings per share. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.07%. Motorola Solutions's payout ratio is 36.39%.

Insider Buying and Selling at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of the company'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 directly owns 804 shares of the company's stock, valued at approximately $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.44% of the stock is owned by insiders.

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.