World Investment Advisors Buys 1,054 Shares of Motorola Solutions, Inc. (NYSE:MSI)

World Investment Advisors increased its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,388 shares of the communications equipment provider's stock after purchasing an additional 1,054 shares during the period. World Investment Advisors' holdings in Motorola Solutions were worth $18,120,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kingswood Wealth Advisors LLC lifted its stake in shares of Motorola Solutions by 3.2% during 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 in the last quarter. Bryce Point Capital LLC purchased a new position in Motorola Solutions in the fourth quarter valued at about $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 valued at $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 valued at $383,000 after purchasing an additional 104 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new position in Motorola Solutions in the first quarter valued at about $874,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Insider Activity

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

Motorola Solutions Stock Up 0.5%

Motorola Solutions stock traded up $2.28 during mid-day trading on Friday, hitting $424.55. 494,717 shares of the company's stock were exchanged, compared to its average volume of 824,793. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. The stock has a market cap of $70.87 billion, a P/E ratio of 35.44, a P/E/G ratio of 3.66 and a beta of 0.95. Motorola Solutions, Inc. has a 1-year low of $385.17 and a 1-year high of $507.82. The stock has a 50 day moving average of $417.48 and a two-hundred day moving average of $434.13.

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 the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the business posted $2.81 earnings per share. The firm's revenue was up 5.8% compared to the same quarter last year. As a group, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is 36.39%.

Analysts Set New Price Targets

A number of research analysts recently commented on MSI shares. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. 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. Finally, Barclays decreased their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $513.25.

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.