Stratos Wealth Partners LTD. decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 12.1% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,253 shares of the communications equipment provider’s stock after selling 173 shares during the period. Stratos Wealth Partners LTD.’s holdings in Motorola Solutions were worth $359,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in MSI. Simplicity Solutions LLC increased its stake in Motorola Solutions by 98.0% in the 1st quarter. Simplicity Solutions LLC now owns 2,859 shares of the communications equipment provider’s stock worth $818,000 after acquiring an additional 1,415 shares during the last quarter. Arizona State Retirement System increased its stake in Motorola Solutions by 0.4% in the 1st quarter. Arizona State Retirement System now owns 45,653 shares of the communications equipment provider’s stock worth $13,063,000 after acquiring an additional 181 shares during the last quarter. Ballentine Partners LLC increased its stake in Motorola Solutions by 15.0% in the 1st quarter. Ballentine Partners LLC now owns 1,866 shares of the communications equipment provider’s stock worth $534,000 after acquiring an additional 244 shares during the last quarter. Strs Ohio increased its stake in Motorola Solutions by 15.8% in the 1st quarter. Strs Ohio now owns 115,838 shares of the communications equipment provider’s stock worth $33,144,000 after acquiring an additional 15,838 shares during the last quarter. Finally, Securian Asset Management Inc. increased its stake in Motorola Solutions by 0.7% in the 1st quarter. Securian Asset Management Inc. now owns 14,044 shares of the communications equipment provider’s stock worth $4,018,000 after acquiring an additional 100 shares during the last quarter. 82.93% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on MSI shares. StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Jefferies Financial Group raised their price objective on Motorola Solutions from $310.00 to $335.00 in a report on Friday, May 5th. Finally, Barclays raised their price objective on Motorola Solutions from $303.00 to $329.00 in a report on Friday, May 5th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $301.67.
Insiders Place Their Bets
Motorola Solutions Stock Performance
Shares of NYSE MSI opened at $295.51 on Friday. The stock has a market cap of $49.56 billion, a price-to-earnings ratio of 36.94, a P/E/G ratio of 3.22 and a beta of 0.93. The company has a current ratio of 1.22, a quick ratio of 0.94 and a debt-to-equity ratio of 24.15. Motorola Solutions, Inc. has a 1-year low of $212.76 and a 1-year high of $299.43. The stock’s 50-day moving average is $286.96 and its 200 day moving average is $276.84.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings results on Thursday, May 4th. The communications equipment provider reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $0.17. The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Motorola Solutions had a negative return on equity of 1,549.95% and a net margin of 14.63%. The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.53 EPS. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 10.07 EPS for the current fiscal year.
Motorola Solutions Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were paid a $0.88 dividend. The ex-dividend date was Wednesday, June 14th. This represents a $3.52 dividend on an annualized basis and a yield of 1.19%. Motorola Solutions’s dividend payout ratio (DPR) is currently 44.00%.
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.
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