Oregon Public Employees Retirement Fund Raises Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Oregon Public Employees Retirement Fund boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,441 shares of the communications equipment provider’s stock after acquiring an additional 126 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Motorola Solutions were worth $6,322,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MSI. ORG Wealth Partners LLC lifted its holdings in shares of Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider’s stock worth $25,000 after acquiring an additional 45 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions in the 4th quarter worth about $30,000. Meeder Asset Management Inc. purchased a new stake in Motorola Solutions during the 4th quarter valued at about $32,000. Community Bank N.A. purchased a new stake in Motorola Solutions during the 1st quarter valued at about $32,000. Finally, Fourth Dimension Wealth LLC bought a new position in Motorola Solutions during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on MSI shares. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Wall Street Zen cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. lowered their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Finally, Barclays lowered their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research note on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $513.25.

Insider Transactions at Motorola Solutions

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm’s 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 sale, the chief accounting officer directly owned 804 shares in the company, valued at $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.44% of the stock is currently owned by corporate insiders.

Motorola Solutions Price Performance

NYSE MSI opened at $421.88 on Thursday. Motorola Solutions, Inc. has a 12 month low of $384.51 and a 12 month high of $507.82. The stock has a market cap of $70.42 billion, a price-to-earnings ratio of 35.22, a PEG ratio of 3.66 and a beta of 0.95. The company’s 50 day moving average is $417.66 and its two-hundred day moving average is $434.68. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data 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 18.67% and a return on equity of 160.93%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the firm posted $2.81 EPS. The company’s revenue was up 5.8% on a year-over-year basis. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. Motorola Solutions’s dividend payout ratio is presently 36.39%.

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.