Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Blair William & Co. IL

Key Points

• Blair William & Co. IL has reduced its stake in Motorola Solutions by 5.6%, now holding 192,030 shares valued at approximately $84 million.
• Motorola Solutions reported earnings of $3.18 per share for its latest quarter, exceeding estimates, and showing a 5.8% year-over-year revenue increase to $2.53 billion.
• The company declared a quarterly dividend of $1.09, translating to an annualized rate of $4.36 with a dividend yield of 1.0%.

Blair William & Co. IL lowered its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 192,030 shares of the communications equipment provider's stock after selling 11,448 shares during the period. Blair William & Co. IL owned approximately 0.12% of Motorola Solutions worth $84,073,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC boosted its position in Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after purchasing an additional 45 shares in the last quarter. Community Bank N.A. acquired a new position in Motorola Solutions in the 1st quarter valued at $32,000. Fourth Dimension Wealth LLC purchased a new stake in Motorola Solutions in the 4th quarter valued at $34,000. Fort Vancouver Investment Management LLC purchased a new stake in Motorola Solutions in the 1st quarter valued at $37,000. Finally, Alpine Bank Wealth Management purchased a new stake in Motorola Solutions in the 1st quarter valued at $40,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Down 0.4%

Shares of MSI stock opened at $437.08 on Friday. 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 twelve month low of $388.90 and a twelve month high of $507.82. The company has a market capitalization of $72.96 billion, a P/E ratio of 36.48, a price-to-earnings-growth ratio of 3.76 and a beta of 0.97. The business's 50 day moving average is $418.71 and its two-hundred day moving average is $428.41.

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 firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the previous year, the business earned $2.81 earnings per share. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. Equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were paid a $1.09 dividend. The ex-dividend date was Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.0%. Motorola Solutions's payout ratio is 36.39%.

Insider Buying and Selling at Motorola Solutions

In related news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 804 shares in the company, valued at $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.44% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on MSI shares. Barclays lowered their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. JPMorgan Chase & Co. reduced their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Wolfe Research started coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. UBS Group initiated coverage on Motorola Solutions in a research report on Wednesday, July 16th. They set a "buy" rating and a $490.00 target price on the stock. Finally, William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $510.67.

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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