One Plus One Wealth Management LLC Decreases Stake in Motorola Solutions, Inc. (NYSE:MSI)

One Plus One Wealth Management LLC trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 5.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,072 shares of the communications equipment provider’s stock after selling 60 shares during the quarter. One Plus One Wealth Management LLC’s holdings in Motorola Solutions were worth $381,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $646,341,000. Alphinity Investment Management Pty Ltd bought a new stake in Motorola Solutions in the fourth quarter valued at $339,283,000. Groupama Asset Managment purchased a new position in Motorola Solutions during the 4th quarter valued at $178,361,000. Ameriprise Financial Inc. raised its holdings in Motorola Solutions by 67.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock worth $324,614,000 after purchasing an additional 482,023 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Motorola Solutions by 1,208.6% in the 4th quarter. International Assets Investment Management LLC now owns 191,611 shares of the communications equipment provider’s stock worth $59,991,000 after purchasing an additional 176,968 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Motorola Solutions news, CAO Katherine A. Maher sold 2,615 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the sale, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at approximately $403,625.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $373.81, for a total value of $1,971,473.94. Following the completion of the sale, the senior vice president now owns 8,939 shares in the company, valued at approximately $3,341,487.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Katherine A. Maher sold 2,615 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total value of $927,488.20. Following the transaction, the chief accounting officer now directly owns 1,138 shares in the company, valued at approximately $403,625.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,389 shares of company stock worth $3,446,461. 1.50% of the stock is owned by insiders.

Motorola Solutions Stock Up 0.2 %

Shares of MSI stock traded up $0.74 during mid-day trading on Friday, hitting $385.34. The company’s stock had a trading volume of 294,314 shares, compared to its average volume of 653,545. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. The stock has a market cap of $64.27 billion, a price-to-earnings ratio of 47.55, a PEG ratio of 3.35 and a beta of 0.96. The business has a 50-day moving average price of $360.03 and a 200 day moving average price of $339.47. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $386.34.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.29. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. The firm had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Research analysts predict that Motorola Solutions, Inc. will post 12.07 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be issued a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MSI. JPMorgan Chase & Co. increased their target price on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, June 3rd. Evercore ISI assumed coverage on shares of Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 target price on the stock. Finally, Barclays lifted their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a report on Friday, May 3rd. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $358.86.

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.