Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSIGet Rating) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 432,391 shares of the communications equipment provider’s stock after selling 25,267 shares during the period. Dimensional Fund Advisors LP’s holdings in Motorola Solutions were worth $111,432,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. American Century Companies Inc. grew its stake in shares of Motorola Solutions by 11.6% in the 1st quarter. American Century Companies Inc. now owns 3,918 shares of the communications equipment provider’s stock valued at $949,000 after buying an additional 406 shares during the period. Cibc World Market Inc. boosted its position in shares of Motorola Solutions by 3.1% during the 1st quarter. Cibc World Market Inc. now owns 11,087 shares of the communications equipment provider’s stock worth $2,685,000 after purchasing an additional 329 shares during the period. Moors & Cabot Inc. boosted its position in shares of Motorola Solutions by 8.8% during the 1st quarter. Moors & Cabot Inc. now owns 2,870 shares of the communications equipment provider’s stock worth $695,000 after purchasing an additional 231 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of Motorola Solutions during the 1st quarter worth approximately $225,000. Finally, Baird Financial Group Inc. boosted its position in shares of Motorola Solutions by 7.3% during the 1st quarter. Baird Financial Group Inc. now owns 55,177 shares of the communications equipment provider’s stock worth $13,362,000 after purchasing an additional 3,741 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

Motorola Solutions Stock Up 0.3 %

Shares of NYSE MSI opened at $297.45 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.22 and a debt-to-equity ratio of 24.15. The stock has a market capitalization of $49.88 billion, a price-to-earnings ratio of 37.18, a price-to-earnings-growth ratio of 3.28 and a beta of 0.93. The firm has a 50-day moving average price of $283.65 and a 200 day moving average price of $269.10. Motorola Solutions, Inc. has a 52 week low of $195.18 and a 52 week high of $299.43.

Motorola Solutions (NYSE:MSIGet Rating) last announced its earnings results on Thursday, May 4th. The communications equipment provider reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.17. The company had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Motorola Solutions had a net margin of 14.63% and a negative return on equity of 1,549.95%. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.53 earnings per share. Equities research analysts anticipate that Motorola Solutions, Inc. will post 10.07 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Thursday, June 15th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Wednesday, June 14th. Motorola Solutions’s dividend payout ratio is presently 44.00%.

Insider Activity at Motorola Solutions

In related news, CEO Gregory Q. Brown sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $291.13, for a total value of $14,556,500.00. Following the completion of the sale, the chief executive officer now directly owns 91,843 shares in the company, valued at $26,738,252.59. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Motorola Solutions news, CAO Katherine A. Maher sold 1,933 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $289.01, for a total transaction of $558,656.33. Following the completion of the sale, the chief accounting officer now directly owns 1,611 shares in the company, valued at $465,595.11. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Gregory Q. Brown sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $291.13, for a total transaction of $14,556,500.00. Following the sale, the chief executive officer now owns 91,843 shares of the company’s stock, valued at $26,738,252.59. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,167 shares of company stock worth $32,403,063. 1.50% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MSI shares. Jefferies Financial Group increased their target price on shares of Motorola Solutions from $310.00 to $335.00 in a report on Friday, May 5th. StockNews.com initiated coverage on shares of Motorola Solutions in a report on Thursday. They issued a “buy” rating on the stock. TheStreet upgraded shares of Motorola Solutions from a “c+” rating to a “b” rating in a report on Thursday, February 9th. Edward Jones lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, January 23rd. Finally, JPMorgan Chase & Co. raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and increased their target price for the company from $300.00 to $305.00 in a research report on Thursday, March 16th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $301.67.

Motorola Solutions Company 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.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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