Motorola Solutions, Inc. (NYSE:MSI) Stock Holdings Increased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,576 shares of the communications equipment provider's stock after buying an additional 846 shares during the quarter. Sagespring Wealth Partners LLC's holdings in Motorola Solutions were worth $4,630,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the fourth quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $30,000. Meeder Asset Management Inc. acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $32,000. Fourth Dimension Wealth LLC acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $34,000. Finally, Sierra Ocean LLC acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $35,000. 84.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on MSI. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. 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 note on Thursday, April 17th. Barclays decreased their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. Finally, Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $513.25.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $407.58 on Monday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a 50 day simple moving average of $418.94 and a 200-day simple moving average of $440.57. The company has a market cap of $68.03 billion, a PE ratio of 44.21, a P/E/G ratio of 3.82 and a beta of 0.96. Motorola Solutions, Inc. has a 12-month low of $375.82 and a 12-month high of $507.82.

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

Motorola Solutions Announces Dividend

The company 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 $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.07%. Motorola Solutions's dividend payout ratio (DPR) is 36.39%.

Insiders Place Their Bets

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company'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 completion of the sale, the chief accounting officer now directly owns 804 shares in the company, valued at $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.44% of the stock is currently owned by insiders.

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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