USA Financial Formulas Has $195,000 Stake in Motorola Solutions, Inc. (NYSE:MSI)

USA Financial Formulas cut its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 83.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 445 shares of the communications equipment provider's stock after selling 2,216 shares during the period. USA Financial Formulas' holdings in Motorola Solutions were worth $195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in MSI. Perennial Investment Advisors LLC boosted its holdings in shares of Motorola Solutions by 14.4% during 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. Union Bancaire Privee UBP SA purchased a new position in Motorola Solutions in the 4th quarter worth about $24,136,000. Revolve Wealth Partners LLC purchased a new position in shares of Motorola Solutions during the fourth quarter valued at $208,000. Empowered Funds LLC raised its holdings in shares of Motorola Solutions by 35.7% during the fourth quarter. Empowered Funds LLC now owns 8,826 shares of the communications equipment provider's stock worth $4,080,000 after acquiring an additional 2,322 shares in the last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in Motorola Solutions by 1.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,035 shares of the communications equipment provider's stock worth $941,000 after purchasing an additional 27 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on MSI shares. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Barclays reduced their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. decreased their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $513.25.

Motorola Solutions Stock Down 0.8%

Shares of NYSE MSI traded down $3.26 during trading on Friday, reaching $408.72. 330,504 shares of the stock were exchanged, compared to its average volume of 808,290. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a twelve month low of $370.00 and a twelve month high of $507.82. The business's 50-day moving average price is $418.68 and its 200 day moving average price is $442.01. The company has a market capitalization of $68.22 billion, a price-to-earnings ratio of 44.33, a price-to-earnings-growth ratio of 3.82 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the business earned $2.81 EPS. The business's revenue for the quarter was up 5.8% on a year-over-year basis. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.07%. The ex-dividend date is Friday, June 13th. Motorola Solutions's payout ratio is presently 36.39%.

Insiders Place Their Bets

In other news, CAO Katherine A. Maher sold 1,073 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer now owns 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.44% of the company's stock.

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.