XTX Topco Ltd Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

XTX Topco Ltd raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 322.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,232 shares of the communications equipment provider's stock after acquiring an additional 5,522 shares during the period. XTX Topco Ltd's holdings in Motorola Solutions were worth $3,166,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Deseret Mutual Benefit Administrators increased its position in shares of Motorola Solutions by 5.4% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider's stock valued at $206,000 after purchasing an additional 24 shares during the last quarter. Hazlett Burt & Watson Inc. increased its holdings in Motorola Solutions by 22.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock worth $63,000 after acquiring an additional 25 shares during the last quarter. Clark Capital Management Group Inc. increased its holdings in Motorola Solutions by 4.3% in the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock worth $294,000 after acquiring an additional 26 shares during the last quarter. Wesbanco Bank Inc. increased its holdings in Motorola Solutions by 2.0% in the 1st quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider's stock worth $576,000 after acquiring an additional 26 shares during the last quarter. Finally, D.A. Davidson & CO. increased its holdings in Motorola Solutions by 2.7% in the 1st quarter. D.A. Davidson & CO. now owns 1,079 shares of the communications equipment provider's stock worth $473,000 after acquiring an additional 28 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Price Performance

NYSE:MSI traded down $1.90 during mid-day trading on Friday, reaching $437.08. The stock had a trading volume of 1,173,440 shares, compared to its average volume of 746,299. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. Motorola Solutions, Inc. has a one year low of $388.90 and a one year high of $507.82. The firm has a 50 day moving average price of $418.71 and a two-hundred day moving average price of $428.62. The stock has a market capitalization of $72.96 billion, a P/E ratio of 36.48, a P/E/G ratio of 3.78 and a beta of 0.95.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share 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 firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the previous year, the company posted $2.81 earnings per share. The business's revenue was up 5.8% on a year-over-year basis. As a group, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th were paid a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.36 annualized dividend and a dividend yield of 1.0%. Motorola Solutions's payout ratio is 36.39%.

Insider Activity

In other news, CAO Katherine A. Maher sold 1,073 shares of the business's stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 804 shares of the company's stock, valued at approximately $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.44% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. 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. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Wolfe Research assumed coverage on Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating for the company. UBS Group assumed coverage on Motorola Solutions in a report on Wednesday, July 16th. They set a "buy" rating and a $490.00 target price for the company. Finally, Barclays reduced their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $510.67.

About Motorola Solutions

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.