Livforsakringsbolaget Skandia Omsesidigt Sells 100 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Livforsakringsbolaget Skandia Omsesidigt decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 6.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,531 shares of the communications equipment provider’s stock after selling 100 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Motorola Solutions were worth $672,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Motorola Solutions by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after acquiring an additional 310,919 shares during the period. Geode Capital Management LLC lifted its holdings in Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock valued at $1,933,360,000 after acquiring an additional 451,172 shares during the period. Raymond James Financial Inc. bought a new position in Motorola Solutions in the fourth quarter valued at about $1,528,949,000. FMR LLC lifted its holdings in Motorola Solutions by 12.4% in the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock valued at $1,400,980,000 after acquiring an additional 334,639 shares during the period. Finally, Norges Bank bought a new position in Motorola Solutions in the fourth quarter valued at about $1,073,645,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI opened at $413.01 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 52 week low of $370.00 and a 52 week high of $507.82. The business has a 50-day simple moving average of $418.83 and a two-hundred day simple moving average of $442.99. The stock has a market cap of $68.94 billion, a price-to-earnings ratio of 44.80, a PEG ratio of 3.82 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter last year, the business posted $2.81 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions’s dividend payout ratio is currently 36.39%.

Insider Buying and Selling

In related news, CAO Katherine A. Maher sold 1,073 shares of the stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the sale, the chief accounting officer now owns 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.44% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on MSI shares. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Wednesday, May 28th. JPMorgan Chase & Co. reduced their price target on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Barclays reduced their price target on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. Finally, Wall Street Zen cut Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, May 22nd. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and an average target price of $513.25.

About Motorola Solutions

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.