Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by FARMERS & MERCHANTS TRUST Co OF LONG BEACH

FARMERS & MERCHANTS TRUST Co OF LONG BEACH lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,624 shares of the communications equipment provider's stock after selling 726 shares during the period. Motorola Solutions accounts for approximately 1.5% of FARMERS & MERCHANTS TRUST Co OF LONG BEACH's portfolio, making the stock its 16th largest position. FARMERS & MERCHANTS TRUST Co OF LONG BEACH's holdings in Motorola Solutions were worth $5,965,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

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

Insider Transactions at Motorola Solutions

In related 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 transaction of $449,243.64. Following the transaction, the chief accounting officer now owns 804 shares of the company's stock, valued at $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.44% of the company's stock.

Motorola Solutions Stock Performance

NYSE MSI opened at $407.58 on Monday. The firm has a market cap of $68.03 billion, a P/E ratio of 44.21, a P/E/G ratio of 3.82 and a beta of 0.96. Motorola Solutions, Inc. has a 52-week low of $375.82 and a 52-week high of $507.82. The business's 50-day moving average price is $418.94 and its 200 day moving average price is $440.57. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the business posted $2.81 EPS. The company's revenue was up 5.8% on a year-over-year basis. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

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

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