Machina Capital S.A.S. Buys 2,465 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Machina Capital S.A.S. increased its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 369.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,132 shares of the communications equipment provider's stock after purchasing an additional 2,465 shares during the period. Machina Capital S.A.S.'s holdings in Motorola Solutions were worth $1,371,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. ORG Wealth Partners LLC lifted its stake in Motorola Solutions by 346.2% in the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after acquiring an additional 45 shares during the period. Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions in the 4th quarter worth approximately $32,000. Fourth Dimension Wealth LLC purchased a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $34,000. Community Bank N.A. bought a new position in Motorola Solutions in the first quarter worth $32,000. Finally, Fort Vancouver Investment Management LLC bought a new stake in shares of Motorola Solutions during the 1st quarter valued at $37,000. Institutional investors own 84.17% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on MSI shares. Wolfe Research started coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They set a "peer perform" rating for the company. UBS Group assumed coverage on Motorola Solutions in a report on Wednesday, July 16th. They set a "buy" rating and a $490.00 price target for the company. JPMorgan Chase & Co. dropped their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Finally, Barclays lowered their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $510.67.

Insider Buying and Selling

In related news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction dated 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 owned 804 shares in the company, valued at $336,618.72. This trade represents a 57.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.44% of the stock is owned by corporate insiders.

Motorola Solutions Price Performance

MSI traded up $3.18 on Friday, hitting $428.01. 633,190 shares of the company's stock traded hands, compared to its average volume of 744,566. The company's 50 day simple moving average is $417.50 and its 200-day simple moving average is $429.23. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. Motorola Solutions, Inc. has a one year low of $385.60 and a one year high of $507.82. The firm has a market cap of $71.44 billion, a price-to-earnings ratio of 35.73, a P/E/G ratio of 3.68 and a beta of 0.95.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results 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. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. During the same period in the previous year, the firm posted $2.81 earnings per share. The business's revenue was up 5.8% compared to the same quarter last year. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Friday, June 13th. Motorola Solutions's payout ratio is presently 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.