SG Americas Securities LLC Sells 69,693 Shares of Motorola Solutions, Inc. (NYSE:MSI)

SG Americas Securities LLC trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 98.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,449 shares of the communications equipment provider's stock after selling 69,693 shares during the quarter. SG Americas Securities LLC's holdings in Motorola Solutions were worth $634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. National Pension Service grew its position in Motorola Solutions by 22.9% during the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock worth $217,654,000 after acquiring an additional 87,722 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $24,136,000. Proficio Capital Partners LLC grew its position in shares of Motorola Solutions by 56,562.5% in the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock worth $145,884,000 after buying an additional 315,053 shares during the last quarter. Los Angeles Capital Management LLC grew its position in shares of Motorola Solutions by 16.4% in the 4th quarter. Los Angeles Capital Management LLC now owns 476,564 shares of the communications equipment provider's stock worth $220,282,000 after buying an additional 67,143 shares during the last quarter. Finally, Bryce Point Capital LLC bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $518,000. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MSI. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. JPMorgan Chase & Co. cut their price objective 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. Finally, Barclays cut their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock 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 company. Based on data from MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and an average price target of $513.25.

Motorola Solutions Stock Up 0.3%

NYSE:MSI traded up $1.30 during trading hours on Friday, reaching $406.04. 1,457,806 shares of the company traded hands, compared to its average volume of 816,515. The business's 50-day moving average price is $418.23 and its two-hundred day moving average price is $437.36. The stock has a market capitalization of $67.78 billion, a P/E ratio of 33.89, a P/E/G ratio of 3.50 and a beta of 0.96. Motorola Solutions, Inc. has a 1 year low of $380.72 and a 1 year high of $507.82. 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 posted its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping the consensus estimate 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 analysts' expectations of $2.52 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The company's revenue was up 5.8% on a year-over-year basis. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors 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 1.07%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

Insider Buying and Selling at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the completion of the transaction, the chief accounting officer now owns 804 shares of the company's stock, valued at $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.44% of the stock is currently owned by corporate insiders.

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.