Dimensional Fund Advisors LP Reduces Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Dimensional Fund Advisors LP reduced its position in Motorola Solutions, Inc. (NYSE:MSI – Get Rating) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 432,391 shares of the communications equipment provider’s stock after selling 25,267 shares during the period. Dimensional Fund Advisors LP owned about 0.26% of Motorola Solutions worth $111,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in MSI. Mendota Financial Group LLC acquired a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $28,000. Boyd Watterson Asset Management LLC OH acquired a new stake in Motorola Solutions in the 4th quarter valued at about $29,000. HM Payson & Co. grew its stake in Motorola Solutions by 52.3% in the 4th quarter. HM Payson & Co. now owns 134 shares of the communications equipment provider’s stock valued at $35,000 after acquiring an additional 46 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in Motorola Solutions in the 2nd quarter valued at about $35,000. Finally, Almanack Investment Partners LLC. purchased a new position in shares of Motorola Solutions during the 3rd quarter worth about $38,000. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Motorola Solutions

In related news, Director Kenneth D. Denman sold 1,500 shares of the stock in a transaction that occurred on Wednesday, March 8th. The stock was sold at an average price of $266.33, for a total transaction of $399,495.00. Following the completion of the sale, the director now directly owns 8,313 shares of the company’s stock, valued at $2,214,001.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, SVP Cynthia Yazdi sold 8,734 shares of the firm’s stock in a transaction 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 transaction, the senior vice president now directly owns 2,873 shares of the company’s stock, valued at $776,773.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kenneth D. Denman sold 1,500 shares of Motorola Solutions stock in a transaction dated Wednesday, March 8th. The stock was sold at an average price of $266.33, for a total value of $399,495.00. Following the sale, the director now directly owns 8,313 shares of the company’s stock, valued at approximately $2,214,001.29. The disclosure for this sale can be found here. Insiders sold a total of 112,167 shares of company stock valued at $32,403,063 over the last ninety days. 1.50% of the stock is currently owned by insiders.

Motorola Solutions Price Performance

Shares of MSI opened at $297.45 on Monday. The business has a 50-day simple moving average of $283.65 and a two-hundred day simple moving average of $269.10. Motorola Solutions, Inc. has a 12-month low of $195.18 and a 12-month high of $299.43. The stock has a market cap of $49.88 billion, a PE ratio of 37.18, a PEG ratio of 3.28 and a beta of 0.93. The company has a quick ratio of 0.94, a current ratio of 1.22 and a debt-to-equity ratio of 24.15.

Motorola Solutions (NYSE:MSI – Get Rating) last announced its earnings results on Thursday, May 4th. The communications equipment provider reported $2.22 EPS for the quarter, beating the consensus estimate of $2.05 by $0.17. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. Motorola Solutions had a negative return on equity of 1,549.95% and a net margin of 14.63%. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.53 EPS. Analysts anticipate that Motorola Solutions, Inc. will post 10.07 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Analyst Ratings Changes

MSI has been the subject of several recent research reports. Barclays increased their price objective on shares of Motorola Solutions from $303.00 to $329.00 in a research report on Friday, May 5th. JPMorgan Chase & Co. raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $300.00 to $305.00 in a report on Thursday, March 16th. 1-800-FLOWERS.COM restated a “maintains” rating on shares of Motorola Solutions in a report on Friday, May 5th. TheStreet raised Motorola Solutions from a “c+” rating to a “b” rating in a research note on Thursday, February 9th. Finally, StockNews.com assumed coverage on Motorola Solutions in a research report on Thursday. They set a “buy” rating for the company. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $301.67.

About Motorola Solutions

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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.