Segall Bryant & Hamill LLC Has $24.42 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Segall Bryant & Hamill LLC increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 73.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,772 shares of the communications equipment provider's stock after purchasing an additional 23,690 shares during the quarter. Segall Bryant & Hamill LLC's holdings in Motorola Solutions were worth $24,418,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. ORG Wealth Partners LLC grew its position 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 valued at $25,000 after acquiring an additional 45 shares in the last quarter. Meeder Asset Management Inc. bought a new position in Motorola Solutions during the fourth quarter worth $32,000. Community Bank N.A. bought a new position in Motorola Solutions during the first quarter worth $32,000. Fourth Dimension Wealth LLC bought a new position in Motorola Solutions during the fourth quarter worth $34,000. Finally, Fort Vancouver Investment Management LLC bought a new stake in Motorola Solutions in the first quarter valued at $37,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Insiders Place Their Bets

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the completion of the transaction, the chief accounting officer directly owned 804 shares of the company's stock, valued at $336,618.72. The trade was a 57.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.44% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Wolfe Research assumed coverage on Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating on the stock. 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. Barclays lowered their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Finally, William Blair reissued an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, Motorola Solutions currently has an average rating of "Moderate Buy" and an average target price of $510.67.

Motorola Solutions Trading Up 0.3%

Shares of Motorola Solutions stock traded up $1.24 during trading hours on Friday, hitting $422.28. The company's stock had a trading volume of 126,452 shares, compared to its average volume of 827,678. Motorola Solutions, Inc. has a 12 month low of $385.17 and a 12 month high of $507.82. The stock has a 50 day moving average of $416.65 and a 200 day moving average of $430.97. The company has a market capitalization of $70.49 billion, a PE ratio of 35.24, a price-to-earnings-growth ratio of 3.58 and a beta of 0.95. The company has a debt-to-equity ratio of 3.42, a current ratio of 1.20 and a quick ratio of 1.03.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The business's revenue was up 5.8% compared to the same quarter last year. During the same period last year, the company earned $2.81 earnings per share. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were issued a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions's 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.