Ferguson Wellman Capital Management Inc. Has $46.29 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Ferguson Wellman Capital Management Inc. lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 1.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 105,722 shares of the communications equipment provider’s stock after buying an additional 1,828 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Motorola Solutions were worth $46,286,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $30,000. Meeder Asset Management Inc. bought a new position in Motorola Solutions during the fourth quarter valued at about $32,000. Fourth Dimension Wealth LLC bought a new position in Motorola Solutions during the fourth quarter valued at about $34,000. Finally, Sierra Ocean LLC bought a new position in Motorola Solutions during the fourth quarter valued at about $35,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 1,073 shares of the company’s stock in a transaction on Thursday, May 29th. The stock was 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 of the company’s stock, valued at approximately $336,618.72. This represents a 57.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.44% of the stock is owned by company insiders.

Motorola Solutions Stock Down 0.9%

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

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 earnings per share. On average, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, June 13th. Motorola Solutions’s payout ratio is currently 36.39%.

Wall Street Analyst Weigh In

Several research firms have weighed in on MSI. William Blair restated an “outperform” rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Wall Street Zen lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. Barclays cut their target price on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a report on Monday, May 5th. JPMorgan Chase & Co. cut 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, Morgan Stanley lifted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. 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.