Vest Financial LLC Buys 1,286 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Vest Financial LLC increased its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 57.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,538 shares of the communications equipment provider's stock after acquiring an additional 1,286 shares during the quarter. Vest Financial LLC's holdings in Motorola Solutions were worth $1,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of MSI. National Pension Service increased its stake 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 valued at $217,654,000 after purchasing an additional 87,722 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of Motorola Solutions in the fourth quarter worth approximately $24,136,000. Proficio Capital Partners LLC boosted its holdings in shares of Motorola Solutions by 56,562.5% in the fourth 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. Legacy Solutions LLC purchased a new position in shares of Motorola Solutions in the fourth quarter worth approximately $407,000. Finally, Los Angeles Capital Management LLC lifted its holdings in Motorola Solutions by 16.4% during the fourth quarter. Los Angeles Capital Management LLC now owns 476,564 shares of the communications equipment provider's stock valued at $220,282,000 after purchasing an additional 67,143 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Performance

MSI opened at $417.80 on Friday. Motorola Solutions, Inc. has a 52-week low of $370.00 and a 52-week high of $507.82. The company has a market cap of $69.74 billion, a P/E ratio of 45.31, a price-to-earnings-growth ratio of 3.82 and a beta of 0.96. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm's 50-day moving average price is $419.32 and its 200-day moving average price is $443.96.

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

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. Motorola Solutions's payout ratio is currently 36.39%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Barclays lowered their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. JPMorgan Chase & Co. lowered their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, Morgan Stanley boosted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Two investment 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 has a consensus rating of "Moderate Buy" and an average price target of $513.25.

Insiders Place Their Bets

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction on 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 sale, the chief accounting officer now directly owns 804 shares of the company's stock, valued at $336,618.72. This trade represents a 57.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.44% of the company's stock.

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.

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