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

Nisa Investment Advisors LLC trimmed its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,934 shares of the communications equipment provider's stock after selling 2,573 shares during the quarter. Nisa Investment Advisors LLC owned approximately 0.06% of Motorola Solutions worth $40,789,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of MSI. Norges Bank acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $1,073,645,000. GAMMA Investing LLC raised its holdings in shares of Motorola Solutions by 43,787.3% in the 1st quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock valued at $474,785,000 after purchasing an additional 1,081,984 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock valued at $291,922,000 after buying an additional 484,727 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Motorola Solutions by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after buying an additional 451,172 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in shares of Motorola Solutions by 209.3% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock valued at $258,528,000 after buying an additional 378,462 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on MSI shares. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Wolfe Research assumed coverage on shares of Motorola Solutions in a research report on Monday. They issued a "peer perform" rating on the stock. JPMorgan Chase & Co. lowered their price objective 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. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Finally, Barclays lowered 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 report on Monday, May 5th. Three equities research 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 company presently has a consensus rating of "Moderate Buy" and a consensus price target of $513.25.

Insider Transactions at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the sale, the chief accounting officer directly owned 804 shares in the company, valued at $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.44% of the company's stock.

Motorola Solutions Stock Performance

Shares of MSI stock traded up $0.87 during mid-day trading on Thursday, hitting $418.75. The stock had a trading volume of 222,744 shares, compared to its average volume of 822,687. Motorola Solutions, Inc. has a fifty-two week low of $385.17 and a fifty-two week high of $507.82. The firm has a market cap of $69.90 billion, a PE ratio of 34.95, a PEG ratio of 3.59 and a beta of 0.95. The company has a debt-to-equity ratio of 3.42, a current ratio of 1.20 and a quick ratio of 1.03. The company's 50-day simple moving average is $416.55 and its 200-day simple moving average is $433.19.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping 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 company had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter last year, the business earned $2.81 EPS. The business's revenue was up 5.8% on a year-over-year basis. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

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 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's payout ratio is currently 36.39%.

Motorola Solutions Company 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.