Nisa Investment Advisors LLC Lowers Stake in Motorola Solutions, Inc. (NYSE:MSI)

Nisa Investment Advisors LLC lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,934 shares of the communications equipment provider's stock after selling 2,573 shares during the period. Nisa Investment Advisors LLC owned about 0.06% of Motorola Solutions worth $40,789,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. 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 purchasing an additional 45 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the 4th quarter valued at $30,000. Meeder Asset Management Inc. bought a new position in shares of Motorola Solutions during the 4th quarter worth $32,000. Community Bank N.A. purchased a new stake in Motorola Solutions in the 1st quarter worth about $32,000. Finally, Fourth Dimension Wealth LLC bought a new stake in Motorola Solutions in the 4th quarter valued at about $34,000. Institutional investors own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

MSI has been the subject of several recent research reports. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. dropped their target price 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. Barclays cut 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. Finally, Wolfe Research initiated coverage on Motorola Solutions in a report on Monday. They set a "peer perform" rating on the stock. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, Motorola Solutions has an average rating of "Moderate Buy" and an average price target of $513.25.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer directly owned 804 shares in the company, valued at $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.44% of the stock is currently owned by corporate insiders.

Motorola Solutions Price Performance

MSI traded down $1.23 on Friday, reaching $416.50. The company had a trading volume of 720,333 shares, compared to its average volume of 824,864. Motorola Solutions, Inc. has a 52-week low of $385.17 and a 52-week high of $507.82. The company has a market cap of $69.52 billion, a price-to-earnings ratio of 34.77, a P/E/G ratio of 3.60 and a beta of 0.95. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The business has a 50 day simple moving average of $416.13 and a 200 day simple moving average of $432.84.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data 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 net margin of 18.67% and a return on equity of 160.93%. The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter last year, the company posted $2.81 EPS. The business's quarterly revenue was up 5.8% on a year-over-year basis. As a group, sell-side analysts anticipate 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. Investors 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 1.05%. Motorola Solutions's payout ratio is 36.39%.

About Motorola Solutions

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.