Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH trimmed its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 72.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,821 shares of the communications equipment provider's stock after selling 4,702 shares during the period. Siemens Fonds Invest GmbH's holdings in Motorola Solutions were worth $842,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Perennial Investment Advisors LLC boosted its holdings in shares of Motorola Solutions by 14.4% during the 4th quarter. Perennial Investment Advisors LLC now owns 828 shares of the communications equipment provider's stock worth $383,000 after purchasing an additional 104 shares during the last quarter. RFG Advisory LLC acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $307,000. PFG Investments LLC lifted its holdings in Motorola Solutions by 2.0% in the fourth quarter. PFG Investments LLC now owns 1,668 shares of the communications equipment provider's stock valued at $771,000 after acquiring an additional 32 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $24,136,000. Finally, Foundations Investment Advisors LLC lifted its holdings in Motorola Solutions by 14.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 1,107 shares of the communications equipment provider's stock valued at $512,000 after acquiring an additional 142 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 0.9%

NYSE:MSI traded up $3.59 during trading hours on Monday, hitting $418.97. The company's stock had a trading volume of 767,153 shares, compared to its average volume of 802,143. The stock has a market capitalization of $69.93 billion, a P/E ratio of 45.44, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. The stock has a fifty day moving average of $420.65 and a 200-day moving average of $445.64. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 52-week low of $360.79 and a 52-week high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Motorola Solutions's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.81 earnings per share. On average, equities analysts forecast 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. Stockholders of record on Friday, June 13th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. Motorola Solutions's dividend payout ratio (DPR) is 36.39%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MSI shares. Barclays cut their target price 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. JPMorgan Chase & Co. cut their target price 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. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Finally, William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Motorola Solutions has a consensus rating of "Moderate Buy" and a consensus target price of $513.25.

Insider Transactions at Motorola Solutions

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction dated 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 now owns 804 shares in the company, valued at $336,618.72. This trade 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 available at this link. Insiders own 1.44% of the company's stock.

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.