Motorola Solutions, Inc. (NYSE:MSI) Holdings Lifted by Consolidated Planning Corp

Consolidated Planning Corp increased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 19.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,939 shares of the communications equipment provider's stock after acquiring an additional 4,159 shares during the period. Motorola Solutions makes up approximately 1.6% of Consolidated Planning Corp's investment portfolio, making the stock its 13th biggest position. Consolidated Planning Corp's holdings in Motorola Solutions were worth $11,356,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Perennial Investment Advisors LLC lifted its position in shares of Motorola Solutions by 14.4% in the 4th quarter. Perennial Investment Advisors LLC now owns 828 shares of the communications equipment provider's stock valued at $383,000 after acquiring an additional 104 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $24,136,000. Revolve Wealth Partners LLC purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $208,000. Bell Bank lifted its position in Motorola Solutions by 14.4% in the 4th quarter. Bell Bank now owns 595 shares of the communications equipment provider's stock worth $275,000 after buying an additional 75 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its position in Motorola Solutions by 102.5% in the 4th quarter. First Horizon Advisors Inc. now owns 806 shares of the communications equipment provider's stock worth $373,000 after buying an additional 408 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Price Performance

NYSE MSI opened at $406.04 on Monday. Motorola Solutions, Inc. has a 1 year low of $380.72 and a 1 year high of $507.82. The company has a fifty day simple moving average of $418.23 and a 200 day simple moving average of $437.36. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. The company has a market cap of $67.78 billion, a P/E ratio of 33.89, a P/E/G ratio of 3.50 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The firm 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.81 EPS. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders 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 1.07%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's dividend payout ratio is 36.39%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. cut 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 report on Thursday, April 17th. Barclays cut 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 report on Monday, May 5th. Finally, William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Two investment 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 stock presently has a consensus rating of "Moderate Buy" and an average price target of $513.25.

Insiders Place Their Bets

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 shares were sold at an average price of $418.68, for a total value of $449,243.64. Following the sale, the chief accounting officer now directly owns 804 shares in the company, valued at $336,618.72. This trade represents a 57.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.44% of the company's stock.

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.

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