Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 12.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,800 shares of the communications equipment provider's stock after selling 4,400 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Motorola Solutions were worth $13,922,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MSI. Prestige Wealth Management Group LLC raised its holdings in shares of Motorola Solutions by 11.9% in the 4th 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 in the last quarter. Hazlett Burt & Watson Inc. lifted its position in shares of Motorola Solutions by 22.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock valued at $63,000 after buying an additional 25 shares during the last quarter. Clark Capital Management Group Inc. boosted its stake in 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 acquiring an additional 26 shares in the last quarter. Wesbanco Bank Inc. raised its position in shares of Motorola Solutions by 2.0% in the 1st 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 last quarter. Finally, Cozad Asset Management Inc. increased its position in shares of Motorola Solutions by 2.8% in the 4th quarter. Cozad Asset Management Inc. now owns 1,008 shares of the communications equipment provider's stock valued at $466,000 after acquiring an additional 27 shares during the period. Institutional investors own 84.17% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Barclays lowered their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. dropped their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $513.25.

Insider Activity

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction 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 sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.44% of the company's stock.

Motorola Solutions Price Performance

Shares of NYSE MSI traded down $1.38 during mid-day trading on Tuesday, reaching $406.08. The company's stock had a trading volume of 842,826 shares, compared to its average volume of 813,615. The stock has a 50-day moving average of $419.20 and a two-hundred day moving average of $439.92. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The stock has a market capitalization of $67.78 billion, a P/E ratio of 31.22, a P/E/G ratio of 3.51 and a beta of 0.96. Motorola Solutions, Inc. has a 1-year low of $379.76 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data 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 company had revenue of $2.53 billion during 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%. Motorola Solutions's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.81 EPS. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.07%. Motorola Solutions's dividend payout ratio is currently 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.