Securian Asset Management Inc. Sells 100 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Securian Asset Management Inc. reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,935 shares of the communications equipment provider’s stock after selling 100 shares during the period. Securian Asset Management Inc.’s holdings in Motorola Solutions were worth $3,912,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Perennial Investment Advisors LLC increased its stake in Motorola Solutions by 14.4% in the fourth quarter. Perennial Investment Advisors LLC now owns 828 shares of the communications equipment provider’s stock valued at $383,000 after acquiring an additional 104 shares during the period. Revolve Wealth Partners LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $208,000. Proficio Capital Partners LLC grew its stake in shares of Motorola Solutions by 22.6% in the 4th quarter. Proficio Capital Partners LLC now owns 683 shares of the communications equipment provider’s stock valued at $316,000 after purchasing an additional 126 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Motorola Solutions by 7.6% in the 4th quarter. Farther Finance Advisors LLC now owns 995 shares of the communications equipment provider’s stock valued at $460,000 after purchasing an additional 70 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in Motorola Solutions by 5.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 44,222 shares of the communications equipment provider’s stock valued at $20,441,000 after acquiring an additional 2,192 shares during the period. 84.17% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total value of $449,243.64. Following the transaction, the chief accounting officer owned 804 shares of the company’s stock, valued at approximately $336,618.72. The trade was a 57.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MSI shares. Wolfe Research initiated coverage on Motorola Solutions in a research report on Monday, July 7th. They issued a “peer perform” rating on the stock. Wall Street Zen lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. Barclays decreased their price target on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. JPMorgan Chase & Co. decreased their target price on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Finally, William Blair restated an “outperform” rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $513.25.

Motorola Solutions Stock Down 0.5%

Shares of MSI opened at $414.01 on Tuesday. The firm has a market capitalization of $69.10 billion, a price-to-earnings ratio of 34.56, a PEG ratio of 3.58 and a beta of 0.95. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. Motorola Solutions, Inc. has a 52 week low of $385.17 and a 52 week high of $507.82. The business’s fifty day moving average price is $416.51 and its two-hundred day moving average price is $431.53.

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 firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same period last year, the firm earned $2.81 earnings per share. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.05%. Motorola Solutions’s dividend payout ratio is presently 36.39%.

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.