Motorola Solutions, Inc. (NYSE:MSI) Stake Lowered by Moran Wealth Management LLC

Moran Wealth Management LLC decreased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,908 shares of the communications equipment provider's stock after selling 1,453 shares during the period. Motorola Solutions accounts for 0.9% of Moran Wealth Management LLC's portfolio, making the stock its 19th largest position. Moran Wealth Management LLC's holdings in Motorola Solutions were worth $27,542,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MSI. Kingswood Wealth Advisors LLC lifted its stake in Motorola Solutions by 3.2% in the first quarter. Kingswood Wealth Advisors LLC now owns 935 shares of the communications equipment provider's stock valued at $409,000 after buying an additional 29 shares during the last quarter. National Pension Service lifted its position in Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after purchasing an additional 87,722 shares during the last quarter. Proficio Capital Partners LLC lifted its position in Motorola Solutions by 56,562.5% in the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock valued at $145,884,000 after purchasing an additional 315,053 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in Motorola Solutions by 16.4% during the 4th quarter. Los Angeles Capital Management LLC now owns 476,564 shares of the communications equipment provider's stock valued at $220,282,000 after purchasing an additional 67,143 shares during the period. Finally, Bryce Point Capital LLC bought a new position in Motorola Solutions in the 4th quarter worth about $518,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Price Performance

Shares of NYSE MSI traded up $7.50 during trading on Tuesday, hitting $418.37. The company had a trading volume of 979,033 shares, compared to its average volume of 910,571. Motorola Solutions, Inc. has a 52 week low of $380.72 and a 52 week high of $507.82. The business's 50-day moving average is $417.90 and its 200 day moving average is $436.80. The company has a market cap of $69.83 billion, a P/E ratio of 34.92, a PEG ratio of 3.50 and a beta of 0.96. 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 announced its 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. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the firm earned $2.81 earnings per share. Motorola Solutions's revenue for the quarter was up 5.8% compared to the same quarter last year. Equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSI. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Barclays reduced their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. JPMorgan Chase & Co. lowered their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer now owns 804 shares of the company's stock, valued at $336,618.72. The trade was a 57.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.44% of the stock is owned by 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.