Integrated Advisors Network LLC Increases Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Integrated Advisors Network LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 89.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,391 shares of the communications equipment provider's stock after buying an additional 657 shares during the period. Integrated Advisors Network LLC's holdings in Motorola Solutions were worth $609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $30,000. Meeder Asset Management Inc. acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $32,000. Fourth Dimension Wealth LLC acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $34,000. Finally, Sierra Ocean LLC acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $35,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Insider Transactions at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction on Thursday, May 29th. The shares were 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 directly owns 804 shares of the company's stock, valued at approximately $336,618.72. The trade was a 57.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.44% of the company's stock.

Analysts Set New Price Targets

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

Motorola Solutions Stock Down 1.3%

Shares of NYSE:MSI traded down $5.49 during trading on Friday, hitting $407.58. The company's stock had a trading volume of 718,101 shares, compared to its average volume of 811,501. The business has a 50 day moving average price of $418.94 and a two-hundred day moving average price of $440.99. The company has a market capitalization of $68.03 billion, a PE ratio of 44.21, a P/E/G ratio of 3.82 and a beta of 0.96. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a fifty-two week low of $375.82 and a fifty-two week 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.17. The business had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company's revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.81 EPS. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a dividend yield of 1.07%. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

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.