Motorola Solutions, Inc. (NYSE:MSI) Stake Trimmed by West Family Investments Inc.

West Family Investments Inc. lessened its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 46.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,531 shares of the communications equipment provider's stock after selling 1,310 shares during the quarter. West Family Investments Inc.'s holdings in Motorola Solutions were worth $670,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MSI. Vanguard Group Inc. boosted its stake in shares of Motorola Solutions by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock valued at $9,789,955,000 after purchasing an additional 310,919 shares during the period. Geode Capital Management LLC boosted its position in Motorola Solutions by 12.1% in the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after buying an additional 451,172 shares during the last quarter. FMR LLC grew its stake in shares of Motorola Solutions by 12.4% during the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after acquiring an additional 334,639 shares in the last quarter. Norges Bank purchased a new stake in shares of Motorola Solutions during the fourth quarter worth about $1,073,645,000. Finally, Northern Trust Corp increased its position in shares of Motorola Solutions by 15.9% during the fourth quarter. Northern Trust Corp now owns 1,868,559 shares of the communications equipment provider's stock worth $863,704,000 after acquiring an additional 256,707 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded down $4.76 on Tuesday, hitting $408.86. The company had a trading volume of 817,771 shares, compared to its average volume of 806,022. Motorola Solutions, Inc. has a 52 week low of $385.17 and a 52 week high of $507.82. The company has a debt-to-equity ratio of 3.42, a current ratio of 1.20 and a quick ratio of 1.03. The company has a market cap of $68.25 billion, a PE ratio of 31.69, a PEG ratio of 3.56 and a beta of 0.95. The business has a 50-day simple moving average of $416.51 and a 200-day simple moving average of $431.53.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly 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. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the company posted $2.81 EPS. The firm's quarterly revenue was up 5.8% on a year-over-year basis. Research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MSI. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wolfe Research began coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. JPMorgan Chase & Co. lowered their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Barclays dropped 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. Finally, Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $513.25.

Insider Activity at Motorola Solutions

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

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.