Robeco Institutional Asset Management B.V. Decreases Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Robeco Institutional Asset Management B.V. cut its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 686,767 shares of the communications equipment provider's stock after selling 20,795 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.41% of Motorola Solutions worth $300,673,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of MSI. Vanguard Group Inc. increased its position in shares of Motorola Solutions by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock valued at $9,789,955,000 after acquiring an additional 310,919 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Motorola Solutions by 12.1% during the fourth 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 acquiring an additional 451,172 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $1,528,949,000. FMR LLC increased its position in shares of Motorola Solutions by 12.4% during the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after acquiring an additional 334,639 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $1,073,645,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock traded up $2.85 during trading hours on Friday, reaching $418.12. The company had a trading volume of 908,372 shares, compared to its average volume of 820,095. Motorola Solutions, Inc. has a one year low of $384.51 and a one year high of $507.82. The business has a fifty day simple moving average of $417.53 and a 200 day simple moving average of $436.12. 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 firm has a market cap of $69.79 billion, a PE ratio of 34.90, a price-to-earnings-growth ratio of 3.57 and a beta of 0.96.

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

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Friday, June 13th. 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 Motorola Solutions stock in a transaction dated Thursday, May 29th. The stock was 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 now owns 804 shares of the company's stock, valued at $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.44% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on MSI shares. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. JPMorgan Chase & Co. decreased their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Finally, Barclays decreased their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Motorola Solutions presently has an average rating of "Moderate Buy" and an average target price of $513.25.

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.