Motorola Solutions, Inc. (NYSE:MSI) is Axecap Investments LLC’s 2nd Largest Position

Axecap Investments LLC raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 32.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,756 shares of the communications equipment provider’s stock after purchasing an additional 3,134 shares during the period. Motorola Solutions comprises 4.7% of Axecap Investments LLC’s portfolio, making the stock its 2nd biggest position. Axecap Investments LLC’s holdings in Motorola Solutions were worth $5,585,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions during the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions in the fourth quarter worth about $30,000. Meeder Asset Management Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter worth about $32,000. Fourth Dimension Wealth LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter worth about $34,000. Finally, Sierra Ocean LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter worth about $35,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Down 0.9%

MSI opened at $408.54 on Thursday. The stock has a market capitalization of $68.19 billion, a P/E ratio of 44.31, a price-to-earnings-growth ratio of 3.82 and a beta of 0.96. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The business’s 50-day simple moving average is $418.49 and its 200-day simple moving average is $442.54. Motorola Solutions, Inc. has a one year low of $370.00 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating analysts’ consensus estimates of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Motorola Solutions’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.81 EPS. Analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.07%. Motorola Solutions’s dividend payout ratio (DPR) 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 stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the completion of the sale, the chief accounting officer now directly owns 804 shares in the company, valued at $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.44% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on MSI. Wall Street Zen cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. Morgan Stanley increased their price target 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 research note on Wednesday, May 28th. Barclays lowered 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, JPMorgan Chase & Co. lowered 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. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.