Motorola Solutions, Inc. (NYSE:MSI) CAO Katherine A. Maher Sells 1,073 Shares

Motorola Solutions, Inc. (NYSE:MSI - Get Free Report) CAO Katherine A. Maher sold 1,073 shares of the business's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the sale, the chief accounting officer now owns 804 shares in the company, valued at $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Motorola Solutions Stock Performance

NYSE:MSI traded down $1.77 during trading hours on Thursday, hitting $415.63. 37,453 shares of the company traded hands, compared to its average volume of 803,103. The stock has a market capitalization of $69.37 billion, a price-to-earnings ratio of 45.11, a P/E/G ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a twelve month low of $365.27 and a twelve month high of $507.82. The firm has a 50-day moving average of $420.13 and a 200 day moving average of $445.29. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating the consensus estimate of $3.01 by $0.17. The firm had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.81 EPS. On average, analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current 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. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions's dividend payout ratio is 36.39%.

Hedge Funds Weigh In On Motorola Solutions

Hedge funds have recently made changes to their positions in the business. National Pension Service raised its stake in shares of Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after buying an additional 87,722 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $24,136,000. Proficio Capital Partners LLC raised its stake in shares of Motorola Solutions by 56,562.5% in the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock valued at $145,884,000 after buying an additional 315,053 shares in the last quarter. Lecap Asset Management Ltd. acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $1,791,000. Finally, Legacy Solutions LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $407,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Morgan Stanley boosted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Barclays lowered their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. decreased their target price 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. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target 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.