Wealthfront Advisers LLC Sells 1,588 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Wealthfront Advisers LLC lessened its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 11.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,151 shares of the communications equipment provider's stock after selling 1,588 shares during the quarter. Wealthfront Advisers LLC's holdings in Motorola Solutions were worth $5,320,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Motorola Solutions by 6.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 30,743 shares of the communications equipment provider's stock valued at $13,459,000 after acquiring an additional 1,948 shares in the last quarter. Whittier Trust Co. grew its position in Motorola Solutions by 4.3% during the first quarter. Whittier Trust Co. now owns 68,295 shares of the communications equipment provider's stock valued at $29,899,000 after acquiring an additional 2,819 shares during the last quarter. Lord & Richards Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the first quarter valued at approximately $290,000. Dakota Wealth Management boosted its holdings in Motorola Solutions by 4.0% in the first quarter. Dakota Wealth Management now owns 3,286 shares of the communications equipment provider's stock valued at $1,439,000 after acquiring an additional 126 shares in the last quarter. Finally, Sumitomo Life Insurance Co. purchased a new position in Motorola Solutions during the first quarter valued at $1,235,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Trading Up 1.1%

MSI stock opened at $421.06 on Friday. The firm's 50-day moving average is $416.65 and its 200 day moving average is $430.97. The company has a market capitalization of $70.28 billion, a PE ratio of 35.15, a P/E/G ratio of 3.58 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, Inc. has a 12 month low of $385.17 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The company had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. During the same quarter in the prior year, the company posted $2.81 earnings per share. Motorola Solutions's revenue for the quarter was up 5.8% compared to the same quarter last year. On average, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were issued a dividend of $1.09 per share. The ex-dividend date was Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions's dividend payout ratio is presently 36.39%.

Insider Buying and Selling

In other news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction 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 completion of the sale, the chief accounting officer directly owned 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.44% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on MSI. UBS Group started coverage on Motorola Solutions in a research report on Wednesday. They set a "buy" rating and a $490.00 price target on the stock. JPMorgan Chase & Co. reduced 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. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Finally, Wolfe Research assumed coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $510.67.

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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