Twin Capital Management Inc. Increases Position in Motorola Solutions, Inc. (NYSE:MSI)

Twin Capital Management Inc. boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 165.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,432 shares of the communications equipment provider's stock after purchasing an additional 3,383 shares during the quarter. Twin Capital Management Inc.'s holdings in Motorola Solutions were worth $2,378,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Kingswood Wealth Advisors LLC boosted its holdings in Motorola Solutions by 3.2% in the first quarter. Kingswood Wealth Advisors LLC now owns 935 shares of the communications equipment provider's stock worth $409,000 after purchasing an additional 29 shares during the last quarter. Bryce Point Capital LLC purchased a new stake in Motorola Solutions in the fourth quarter worth approximately $518,000. Oppenheimer & Co. Inc. boosted its holdings in Motorola Solutions by 228.9% in the first quarter. Oppenheimer & Co. Inc. now owns 8,367 shares of the communications equipment provider's stock worth $3,663,000 after purchasing an additional 5,823 shares during the last quarter. Perennial Investment Advisors LLC boosted its holdings in Motorola Solutions by 14.4% in the fourth 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. Finally, Sowell Financial Services LLC purchased a new stake in Motorola Solutions in the first quarter worth approximately $874,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Insider Activity at Motorola Solutions

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the sale, the chief accounting officer owned 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.44% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on MSI. UBS Group began coverage on shares of Motorola Solutions in a research report on Wednesday. They issued a "buy" rating and a $490.00 price target on the stock. Barclays decreased their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Wolfe Research assumed coverage on shares of Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has a consensus rating of "Moderate Buy" and a consensus target price of $510.67.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $420.40 on Friday. The firm has a 50-day moving average of $416.94 and a two-hundred day moving average of $430.46. Motorola Solutions, Inc. has a 1 year low of $385.17 and a 1 year high of $507.82. The stock has a market cap of $70.17 billion, a price-to-earnings ratio of 35.09, a price-to-earnings-growth ratio of 3.62 and a beta of 0.95. The company has a debt-to-equity ratio of 3.42, a current ratio of 1.20 and a quick ratio of 1.03.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced 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. The firm had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The company's revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.81 EPS. On average, research 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 disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend was Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

About Motorola Solutions

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.

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