Nisa Investment Advisors LLC Sells 2,573 Shares of Motorola Solutions, Inc. (NYSE:MSI)

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

Other large investors have also recently bought and sold shares of the company. Deseret Mutual Benefit Administrators grew its holdings in Motorola Solutions by 5.4% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider's stock valued at $206,000 after buying an additional 24 shares in the last quarter. Prestige Wealth Management Group LLC boosted its stake in Motorola Solutions by 11.9% during the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock valued at $109,000 after buying an additional 25 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in Motorola Solutions by 22.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock valued at $63,000 after buying an additional 25 shares during the period. Clark Capital Management Group Inc. boosted its stake in Motorola Solutions by 4.3% during the fourth quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock valued at $294,000 after buying an additional 26 shares during the period. Finally, Wesbanco Bank Inc. boosted its stake in Motorola Solutions by 2.0% during the first quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider's stock valued at $576,000 after buying an additional 26 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions 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 directly owned 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.44% of the stock is owned by insiders.

Motorola Solutions Trading Up 0.2%

Shares of NYSE:MSI traded up $0.63 on Wednesday, reaching $417.99. 698,859 shares of the company traded hands, compared to its average volume of 824,232. The business's 50-day simple moving average is $417.01 and its 200 day simple moving average is $433.30. Motorola Solutions, Inc. has a 52 week low of $385.17 and a 52 week high of $507.82. The stock has a market capitalization of $69.77 billion, a P/E ratio of 34.89, a price-to-earnings-growth ratio of 3.67 and a beta of 0.95. 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 (NYSE:MSI - Get Free Report) last announced 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. 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 analysts' expectations of $2.52 billion. During the same period last year, the firm earned $2.81 earnings per share. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be issued a dividend of $1.09 per share. 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 1.04%. Motorola Solutions's dividend payout ratio is presently 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.