Motorola Solutions, Inc. (NYSE:MSI) Stake Trimmed by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lowered its stake in Motorola Solutions, Inc. (NYSE:MSI – Get Rating) by 1.7% during the third quarter, HoldingsChannel reports. The firm owned 69,963 shares of the communications equipment provider’s stock after selling 1,215 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Motorola Solutions were worth $15,669,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MSI. OLD National Bancorp IN grew its stake in Motorola Solutions by 68.4% during the 3rd quarter. OLD National Bancorp IN now owns 3,177 shares of the communications equipment provider’s stock valued at $712,000 after acquiring an additional 1,290 shares in the last quarter. King Luther Capital Management Corp purchased a new position in Motorola Solutions during the 3rd quarter valued at about $222,000. Janney Montgomery Scott LLC grew its stake in Motorola Solutions by 2.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 20,034 shares of the communications equipment provider’s stock valued at $4,487,000 after acquiring an additional 393 shares in the last quarter. AE Wealth Management LLC grew its stake in Motorola Solutions by 17.2% during the 3rd quarter. AE Wealth Management LLC now owns 11,961 shares of the communications equipment provider’s stock valued at $2,679,000 after acquiring an additional 1,753 shares in the last quarter. Finally, Texas Permanent School Fund grew its stake in Motorola Solutions by 6.9% during the 3rd quarter. Texas Permanent School Fund now owns 23,613 shares of the communications equipment provider’s stock valued at $5,289,000 after acquiring an additional 1,516 shares in the last quarter. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Insider Buying and Selling

In related news, SVP Cynthia Yazdi sold 8,734 shares of the business’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $270.37, for a total value of $2,361,411.58. Following the completion of the sale, the senior vice president now directly owns 2,873 shares in the company, valued at approximately $776,773.01. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, SVP Cynthia Yazdi sold 8,734 shares of the company’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $270.37, for a total transaction of $2,361,411.58. Following the completion of the transaction, the senior vice president now directly owns 2,873 shares in the company, valued at $776,773.01. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Gregory Q. Brown sold 26,933 shares of the company’s stock in a transaction that occurred on Tuesday, February 14th. The stock was sold at an average price of $271.25, for a total value of $7,305,576.25. Following the transaction, the chief executive officer now owns 48,142 shares of the company’s stock, valued at $13,058,517.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 37,167 shares of company stock worth $10,066,483. 1.85% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on MSI. StockNews.com began coverage on Motorola Solutions in a research note on Thursday. They set a “buy” rating on the stock. Credit Suisse Group lowered Motorola Solutions from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $300.00 to $270.00 in a report on Wednesday, January 11th. JPMorgan Chase & Co. upgraded Motorola Solutions from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $300.00 to $305.00 in a report on Thursday. Edward Jones lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, January 23rd. Finally, Barclays reduced their price target on Motorola Solutions from $306.00 to $303.00 and set an “overweight” rating for the company in a report on Friday, February 10th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $290.67.

Motorola Solutions Stock Down 1.6 %

MSI opened at $264.24 on Friday. The business has a 50 day moving average price of $262.49 and a 200 day moving average price of $252.96. Motorola Solutions, Inc. has a twelve month low of $195.18 and a twelve month high of $275.16. The company has a debt-to-equity ratio of 45.90, a quick ratio of 0.92 and a current ratio of 1.15. The firm has a market cap of $44.19 billion, a P/E ratio of 33.32, a price-to-earnings-growth ratio of 2.93 and a beta of 0.92.

Motorola Solutions (NYSE:MSI – Get Rating) last posted its earnings results on Thursday, February 9th. The communications equipment provider reported $3.60 earnings per share for the quarter, topping the consensus estimate of $3.43 by $0.17. Motorola Solutions had a negative return on equity of 663.73% and a net margin of 14.96%. The firm had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.53 billion. During the same period in the previous year, the company earned $2.66 EPS. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. Research analysts forecast that Motorola Solutions, Inc. will post 10.09 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 14th. Investors of record on Wednesday, March 15th will be issued a $0.88 dividend. The ex-dividend date is Tuesday, March 14th. This represents a $3.52 annualized dividend and a yield of 1.33%. Motorola Solutions’s dividend payout ratio (DPR) is currently 44.39%.

Motorola Solutions Profile

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Motorola Solutions, Inc engages in the provision of communication infrastructure, devices, accessories, software, and services. It operates through the following 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 the implementation and integration of such systems, devices, and applications.