R Squared Ltd Reduces Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• R Squared Ltd reduced its holdings in Motorola Solutions by 42.3%, totaling 790 shares worth $346,000 as of its latest SEC filing.
• Institutional investors now own 84.17% of Motorola Solutions, with recent activities including significant stake increases by firms like ORG Wealth Partners LLC.
• Motorola Solutions reported a quarterly EPS of $3.18, outperforming estimates, with a revenue increase of 5.8% year-over-year.

R Squared Ltd lowered its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 42.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 790 shares of the communications equipment provider's stock after selling 580 shares during the period. R Squared Ltd's holdings in Motorola Solutions were worth $346,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in 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 acquiring an additional 1,081,984 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its position in Motorola Solutions by 209.3% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock worth $258,528,000 after acquiring an additional 378,462 shares during the period. FMR LLC lifted its stake in shares of Motorola Solutions by 12.4% in the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after purchasing an additional 334,639 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of Motorola Solutions by 541.2% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 331,910 shares of the communications equipment provider's stock worth $145,312,000 after purchasing an additional 280,145 shares during the period. Finally, Janus Henderson Group PLC lifted its position in shares of Motorola Solutions by 66.7% during the 4th quarter. Janus Henderson Group PLC now owns 698,816 shares of the communications equipment provider's stock worth $323,020,000 after buying an additional 279,655 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Wolfe Research started coverage on Motorola Solutions in a research report on Monday, July 7th. They issued a "peer perform" rating on the stock. Barclays dropped their target price 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. JPMorgan Chase & Co. decreased their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. UBS Group began coverage on shares of Motorola Solutions in a research note on Wednesday, July 16th. They issued a "buy" rating and a $490.00 price objective for the company. Finally, Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and a consensus target price of $510.67.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded up $3.39 during midday trading on Monday, reaching $440.10. 1,043,423 shares of the company's stock traded hands, compared to its average volume of 805,121. 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 stock has a 50 day moving average of $418.71 and a 200 day moving average of $428.17. Motorola Solutions, Inc. has a one year low of $388.90 and a one year high of $507.82. The company has a market cap of $73.46 billion, a price-to-earnings ratio of 36.74, a P/E/G ratio of 3.76 and a beta of 0.97.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly 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. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The firm's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.81 EPS. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were given a $1.09 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.0%. Motorola Solutions's dividend payout ratio (DPR) is currently 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 shares were 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 owned 804 shares of the company's stock, valued at approximately $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.44% of the stock is owned by corporate 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.