Moloney Securities Asset Management LLC Sells 1,033 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Moloney Securities Asset Management LLC lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 42.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,377 shares of the communications equipment provider's stock after selling 1,033 shares during the quarter. Moloney Securities Asset Management LLC's holdings in Motorola Solutions were worth $603,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. 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. bought a new stake in Motorola Solutions in the fourth quarter valued at $30,000. Meeder Asset Management Inc. bought a new stake in Motorola Solutions in the fourth quarter valued at $32,000. Community Bank N.A. bought a new stake in Motorola Solutions in the first quarter valued at $32,000. Finally, Fourth Dimension Wealth LLC bought a new stake in shares of Motorola Solutions during the fourth quarter valued at about $34,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Insider Activity

In other 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 transaction of $449,243.64. Following the sale, the chief accounting officer directly owned 804 shares in the company, valued at approximately $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.44% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wolfe Research assumed coverage on shares of Motorola Solutions in a research note on Monday. They set a "peer perform" rating on the stock. Barclays cut their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Stock Performance

MSI traded down $1.28 on Friday, hitting $416.45. The company had a trading volume of 213,762 shares, compared to its average volume of 822,895. Motorola Solutions, Inc. has a 1-year low of $385.17 and a 1-year high of $507.82. The stock has a market cap of $69.51 billion, a price-to-earnings ratio of 34.76, a price-to-earnings-growth ratio of 3.60 and a beta of 0.95. The company's fifty day moving average price is $416.13 and its 200 day moving average price is $432.84. 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 released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. The business had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. Motorola Solutions's quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.81 earnings per share. Equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed 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 is Friday, June 13th. Motorola Solutions's dividend payout ratio is presently 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.