First Affirmative Financial Network Increases Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

First Affirmative Financial Network lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 6.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 688 shares of the communications equipment provider’s stock after purchasing an additional 42 shares during the period. First Affirmative Financial Network’s holdings in Motorola Solutions were worth $301,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Impact Capital Partners LLC lifted its position in shares of Motorola Solutions by 9.2% in the 1st quarter. Impact Capital Partners LLC now owns 712 shares of the communications equipment provider’s stock worth $312,000 after purchasing an additional 60 shares during the period. Tower Wealth Partners Inc. lifted its position in shares of Motorola Solutions by 14.8% in the 1st quarter. Tower Wealth Partners Inc. now owns 596 shares of the communications equipment provider’s stock worth $261,000 after purchasing an additional 77 shares during the period. Procyon Advisors LLC lifted its position in shares of Motorola Solutions by 381.0% in the 1st quarter. Procyon Advisors LLC now owns 2,530 shares of the communications equipment provider’s stock worth $1,107,000 after purchasing an additional 2,004 shares during the period. Signal Advisors Wealth LLC purchased a new stake in shares of Motorola Solutions in the 1st quarter worth approximately $814,000. Finally, Vest Financial LLC lifted its position in shares of Motorola Solutions by 57.1% in the 1st quarter. Vest Financial LLC now owns 3,538 shares of the communications equipment provider’s stock worth $1,549,000 after purchasing an additional 1,286 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI opened at $417.80 on Friday. Motorola Solutions, Inc. has a 12 month low of $370.00 and a 12 month high of $507.82. The stock has a fifty day moving average price of $419.32 and a 200-day moving average price of $443.96. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a market cap of $69.74 billion, a PE ratio of 45.31, a P/E/G ratio of 3.82 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the prior year, the business posted $2.81 EPS. Motorola Solutions’s revenue for the quarter was up 5.8% compared to the same quarter last year. Equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. Motorola Solutions’s payout ratio is 36.39%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company’s stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer now owns 804 shares in the company, valued at approximately $336,618.72. This represents a 57.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.44% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on MSI shares. Barclays lowered their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Wall Street Zen lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. Finally, Morgan Stanley increased their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Two analysts have 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 target price of $513.25.

Motorola Solutions Profile

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.