Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC raised its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 29.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 615,207 shares of the communications equipment provider's stock after purchasing an additional 138,643 shares during the quarter. Motorola Solutions accounts for approximately 1.2% of Los Angeles Capital Management LLC's holdings, making the stock its 15th biggest holding. Los Angeles Capital Management LLC owned approximately 0.37% of Motorola Solutions worth $269,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Motorola Solutions during the fourth quarter worth approximately $1,073,645,000. GAMMA Investing LLC boosted its stake in shares of 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 purchasing an additional 1,081,984 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Motorola Solutions by 330.1% during 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 in the last quarter. Geode Capital Management LLC boosted its stake in shares of 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 valued at $1,933,360,000 after purchasing an additional 451,172 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its stake in shares of Motorola Solutions by 209.3% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock valued at $258,528,000 after purchasing an additional 378,462 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total value of $449,243.64. Following the completion of the sale, the chief accounting officer owned 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.44% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

MSI has been the topic of a number of recent research reports. Wolfe Research initiated coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They set a "peer perform" rating on the stock. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. UBS Group initiated coverage on shares of Motorola Solutions in a research note on Wednesday, July 16th. They set a "buy" rating and a $490.00 price objective on the stock. JPMorgan Chase & Co. lowered 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. Finally, Barclays lowered 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. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Motorola Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $510.67.

Motorola Solutions Trading Up 0.4%

Shares of Motorola Solutions stock traded up $1.60 on Wednesday, reaching $422.87. The company had a trading volume of 177,895 shares, compared to its average volume of 828,336. Motorola Solutions, Inc. has a 52-week low of $385.17 and a 52-week high of $507.82. The firm's 50 day moving average price is $416.94 and its two-hundred day moving average price is $430.26. The firm has a market cap of $70.58 billion, a PE ratio of 35.33, a PEG ratio of 3.62 and a beta of 0.95. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20.

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

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were paid 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 was Friday, June 13th. Motorola Solutions's dividend payout ratio is currently 36.39%.

Motorola Solutions Company 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.