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Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Xponance Inc.

Motorola Solutions logo with Computer and Technology background

Xponance Inc. grew its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 15.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,360 shares of the communications equipment provider's stock after buying an additional 4,657 shares during the period. Xponance Inc.'s holdings in Motorola Solutions were worth $15,043,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. ORG Wealth Partners LLC raised its position in Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after purchasing an additional 45 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in Motorola Solutions in the 4th quarter valued at $32,000. Fourth Dimension Wealth LLC purchased a new stake in Motorola Solutions in the 4th quarter valued at $34,000. Community Bank N.A. purchased a new stake in Motorola Solutions in the 1st quarter valued at $32,000. Finally, Fort Vancouver Investment Management LLC purchased a new stake in Motorola Solutions in the 1st quarter valued at $37,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Insider Buying and Selling

In related news, CAO Katherine A. Maher sold 1,073 shares of the 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.44% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on MSI. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. cut their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Barclays cut their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Finally, Wolfe Research started coverage on shares of Motorola Solutions in a research report on Monday. They set a "peer perform" rating for the company. 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, Motorola Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $513.25.

Check Out Our Latest Analysis on MSI

Motorola Solutions Price Performance

Shares of MSI traded down $1.23 during trading hours on Friday, reaching $416.50. The company had a trading volume of 720,333 shares, compared to its average volume of 825,744. The firm has a 50 day simple moving average of $416.32 and a 200-day simple moving average of $432.45. 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 company has a market capitalization of $69.52 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.60 and a beta of 0.95. 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 announced 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. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The business's revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.81 EPS. Research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid 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 1.05%. Motorola Solutions's payout ratio is 36.39%.

Motorola Solutions Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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