Allspring Global Investments Holdings LLC Has $182.08 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Allspring Global Investments Holdings LLC decreased its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.6% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 417,616 shares of the communications equipment provider's stock after selling 39,201 shares during the period. Allspring Global Investments Holdings LLC owned about 0.25% of Motorola Solutions worth $182,076,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Vista Investment Partners II LLC raised its stake in shares of Motorola Solutions by 79.2% during the 1st quarter. Vista Investment Partners II LLC now owns 4,498 shares of the communications equipment provider's stock worth $1,969,000 after purchasing an additional 1,988 shares in the last quarter. Carolina Wealth Advisors LLC raised its stake in shares of Motorola Solutions by 290.8% during the 1st quarter. Carolina Wealth Advisors LLC now owns 1,864 shares of the communications equipment provider's stock worth $816,000 after purchasing an additional 1,387 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Motorola Solutions by 14.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 28,231 shares of the communications equipment provider's stock worth $12,224,000 after purchasing an additional 3,609 shares in the last quarter. Achmea Investment Management B.V. raised its stake in shares of Motorola Solutions by 3.7% during the 1st quarter. Achmea Investment Management B.V. now owns 78,552 shares of the communications equipment provider's stock worth $34,390,000 after purchasing an additional 2,778 shares in the last quarter. Finally, Legacy CG LLC raised its stake in shares of Motorola Solutions by 2.1% during the 1st quarter. Legacy CG LLC now owns 13,878 shares of the communications equipment provider's stock worth $6,076,000 after purchasing an additional 291 shares in the last quarter. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

MSI traded up $2.85 during trading hours on Friday, reaching $418.12. The company's stock had a trading volume of 908,372 shares, compared to its average volume of 816,410. Motorola Solutions, Inc. has a 52 week low of $384.51 and a 52 week high of $507.82. The company's 50-day moving average is $417.48 and its 200-day moving average is $435.42. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The firm has a market cap of $69.79 billion, a PE ratio of 34.90, a price-to-earnings-growth ratio of 3.60 and a beta of 0.96.

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. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The business had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter in the prior year, the business earned $2.81 EPS. The firm's revenue for the quarter was up 5.8% on a year-over-year basis. On average, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio is 36.39%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company's 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 transaction, the chief accounting officer now directly owns 804 shares of the company's stock, valued at $336,618.72. This represents a 57.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.44% of the company's stock.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of analyst reports. JPMorgan Chase & Co. dropped their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Barclays dropped their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $513.25.

Motorola Solutions Company 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.