Integrated Advisors Network LLC Sells 481 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Integrated Advisors Network LLC reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSIGet Rating) by 29.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,139 shares of the communications equipment provider’s stock after selling 481 shares during the quarter. Integrated Advisors Network LLC’s holdings in Motorola Solutions were worth $276,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of MSI. Norges Bank acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $437,475,000. BlackRock Inc. grew its position in shares of Motorola Solutions by 4.5% in the 4th quarter. BlackRock Inc. now owns 14,324,480 shares of the communications equipment provider’s stock valued at $3,891,960,000 after purchasing an additional 616,253 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at approximately $141,115,000. Capital World Investors grew its position in shares of Motorola Solutions by 2.7% in the 4th quarter. Capital World Investors now owns 10,153,849 shares of the communications equipment provider’s stock valued at $2,758,801,000 after purchasing an additional 268,934 shares during the period. Finally, Saturna Capital CORP grew its position in shares of Motorola Solutions by 3,865.5% in the 4th quarter. Saturna Capital CORP now owns 241,695 shares of the communications equipment provider’s stock valued at $65,669,000 after purchasing an additional 235,600 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Loop Capital assumed coverage on Motorola Solutions in a research report on Monday, April 25th. They issued a “buy” rating and a $295.00 price objective for the company. Credit Suisse Group upped their price target on Motorola Solutions from $290.00 to $295.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 22nd. Morgan Stanley raised Motorola Solutions from an “equal weight” rating to an “overweight” rating and set a $240.00 price target for the company in a research report on Monday, May 23rd. Finally, StockNews.com downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Friday, May 13th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $282.75.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Q. Brown sold 25,000 shares of the company’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $219.75, for a total value of $5,493,750.00. Following the transaction, the chief executive officer now directly owns 35,348 shares of the company’s stock, valued at approximately $7,767,723. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.85% of the company’s stock.

Motorola Solutions Stock Down 0.5 %

Shares of Motorola Solutions stock opened at $221.16 on Friday. Motorola Solutions, Inc. has a 12-month low of $195.18 and a 12-month high of $273.65. The business’s 50 day moving average is $213.17 and its 200-day moving average is $223.27. The stock has a market cap of $37.00 billion, a P/E ratio of 30.34, a P/E/G ratio of 2.74 and a beta of 0.90.

Motorola Solutions (NYSE:MSIGet Rating) last posted its quarterly earnings results on Thursday, May 12th. The communications equipment provider reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.14. Motorola Solutions had a negative return on equity of 633.02% and a net margin of 15.30%. The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter in the prior year, the business earned $1.74 EPS. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 9.01 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Wednesday, June 15th were issued a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Tuesday, June 14th. Motorola Solutions’s dividend payout ratio is 43.35%.

Motorola Solutions Company Profile

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Motorola Solutions, Inc provides mission critical communications and analytics 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.

See Also

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

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