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

Motorola Solutions, Inc. (NYSE:MSI - Get Free Report) CAO Katherine A. Maher sold 1,073 shares of the business's stock in a transaction 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 transaction, the chief accounting officer now directly owns 804 shares of the company's stock, valued at $336,618.72. This trade 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 this hyperlink.

Motorola Solutions Price Performance

Shares of NYSE MSI traded up $1.68 during trading hours on Friday, hitting $417.80. 594,704 shares of the stock were exchanged, compared to its average volume of 806,617. Motorola Solutions, Inc. has a 1-year low of $367.18 and a 1-year high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company's fifty day simple moving average is $419.69 and its two-hundred day simple moving average is $444.77. The company has a market cap of $69.74 billion, a PE ratio of 45.31, a price-to-earnings-growth ratio of 3.82 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.52 billion. During the same period in the prior year, the company earned $2.81 EPS. The firm's quarterly revenue was up 5.8% compared to the same quarter last year. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current 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 dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MSI. ORG Wealth Partners LLC grew its position in shares of 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 buying an additional 45 shares during the last quarter. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the fourth quarter worth approximately $26,000. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the fourth quarter valued at approximately $29,000. Saudi Central Bank bought a new stake in Motorola Solutions in the first quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions during the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on MSI. Barclays cut their target price on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock 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.