Greenleaf Trust Sells 646 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Greenleaf Trust cut its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 11.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,111 shares of the communications equipment provider's stock after selling 646 shares during the quarter. Greenleaf Trust's holdings in Motorola Solutions were worth $2,238,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MSI. 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 valued at $25,000 after buying an additional 45 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Motorola Solutions during the fourth quarter valued at $30,000. Meeder Asset Management Inc. acquired a new position in shares of Motorola Solutions during the fourth quarter valued at $32,000. Community Bank N.A. acquired a new position in shares of Motorola Solutions during the first quarter valued at $32,000. Finally, Fourth Dimension Wealth LLC acquired a new position in shares of Motorola Solutions during the fourth quarter valued at $34,000. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MSI shares. Wolfe Research started coverage on Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating on the stock. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. decreased their price target 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, Barclays decreased their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average target price of $513.25.

Insider Buying and Selling

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the business's 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 owned 804 shares in the company, valued at approximately $336,618.72. The trade was a 57.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.44% of the company's stock.

Motorola Solutions Trading Down 0.3%

Shares of MSI traded down $1.23 during trading hours on Friday, hitting $416.50. 720,333 shares of the stock traded hands, compared to its average volume of 827,122. 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 1-year low of $385.17 and a 1-year high of $507.82. The firm has a market capitalization of $69.52 billion, a PE ratio of 34.77, a price-to-earnings-growth ratio of 3.58 and a beta of 0.95. The business has a fifty day moving average of $416.32 and a 200-day moving average of $431.90.

Motorola Solutions (NYSE:MSI - Get Free Report) last released 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 160.93% and a net margin of 18.67%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the prior year, the firm posted $2.81 earnings per share. The company's quarterly revenue was up 5.8% on a year-over-year basis. Analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's dividend payout ratio is currently 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.