Global Trust Asset Management LLC lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 67.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 752 shares of the communications equipment provider’s stock after acquiring an additional 302 shares during the quarter. Global Trust Asset Management LLC’s holdings in Motorola Solutions were worth $329,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions during the 4th quarter worth about $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions during the 4th quarter worth about $30,000. Meeder Asset Management Inc. bought a new stake in shares of Motorola Solutions during the 4th quarter worth about $32,000. Fourth Dimension Wealth LLC bought a new stake in shares of Motorola Solutions during the 4th quarter worth about $34,000. Finally, Sierra Ocean LLC bought a new stake in Motorola Solutions during the 4th quarter valued at approximately $35,000. Institutional investors own 84.17% of the company’s stock.
Motorola Solutions Price Performance
Shares of MSI stock opened at $407.07 on Tuesday. The stock’s fifty day simple moving average is $419.20 and its 200 day simple moving average is $439.92. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The firm has a market cap of $67.95 billion, a price-to-earnings ratio of 44.15, a P/E/G ratio of 3.82 and a beta of 0.96. Motorola Solutions, Inc. has a one year low of $375.82 and a one year high of $507.82.
Motorola Solutions Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be issued a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.07%. Motorola Solutions’s dividend payout ratio is presently 36.39%.
Analyst Ratings Changes
MSI has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wall Street Zen downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Finally, Barclays decreased their target price on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $513.25.
Read Our Latest Stock Report on Motorola Solutions
Insiders Place Their Bets
In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the sale, the chief accounting officer now owns 804 shares of the company’s stock, valued at $336,618.72. This trade represents a 57.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.44% of the company’s stock.
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.
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