USA Financial Formulas Has $195,000 Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

USA Financial Formulas lessened its stake in Motorola Solutions, Inc. (NYSE:MSI) by 83.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 445 shares of the communications equipment provider’s stock after selling 2,216 shares during the quarter. USA Financial Formulas’ holdings in Motorola Solutions were worth $195,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its position in Motorola Solutions by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock worth $9,789,955,000 after acquiring an additional 310,919 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider’s stock worth $1,933,360,000 after acquiring an additional 451,172 shares during the period. Raymond James Financial Inc. bought a new position in shares of Motorola Solutions during the 4th quarter worth approximately $1,528,949,000. FMR LLC boosted its stake in shares of Motorola Solutions by 12.4% during the 4th quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider’s stock worth $1,400,980,000 after acquiring an additional 334,639 shares during the period. Finally, Norges Bank bought a new position in shares of Motorola Solutions during the 4th quarter worth approximately $1,073,645,000. 84.17% of the stock is owned by institutional investors.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction 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 transaction, the chief accounting officer now directly owns 804 shares of the company’s stock, valued at $336,618.72. The trade was a 57.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.44% of the company’s stock.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $408.54 on Thursday. The stock has a market capitalization of $68.19 billion, a PE ratio of 44.31, a P/E/G ratio of 3.82 and a beta of 0.96. 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 business has a fifty day moving average price of $418.49 and a two-hundred day moving average price of $442.54. Motorola Solutions, Inc. has a fifty-two week low of $370.00 and a fifty-two week high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.17. The firm had revenue of $2.53 billion during 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%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.81 EPS. As a group, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be issued a $1.09 dividend. 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%.

Wall Street Analyst Weigh In

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

Motorola Solutions Company 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.