LSV Asset Management trimmed its holdings in shares of Motorola Solutions Inc (NYSE:MSI) by 19.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 548,910 shares of the communications equipment provider’s stock after selling 130,200 shares during the quarter. LSV Asset Management’s holdings in Motorola Solutions were worth $77,077,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Truvestments Capital LLC bought a new stake in Motorola Solutions in the first quarter valued at about $28,000. Reilly Financial Advisors LLC increased its holdings in Motorola Solutions by 386.0% in the first quarter. Reilly Financial Advisors LLC now owns 418 shares of the communications equipment provider’s stock valued at $28,000 after buying an additional 332 shares during the last quarter. Liberty Wealth Management LLC bought a new stake in Motorola Solutions in the fourth quarter valued at about $32,000. Exane Asset Management bought a new stake in Motorola Solutions in the fourth quarter valued at about $35,000. Finally, Oregon Public Employees Retirement Fund increased its holdings in Motorola Solutions by 10,544.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,378,307 shares of the communications equipment provider’s stock valued at $38,000 after buying an additional 4,337,175 shares during the last quarter. 86.30% of the stock is currently owned by institutional investors and hedge funds.

Shares of MSI stock opened at $146.90 on Tuesday. Motorola Solutions Inc has a 52 week low of $106.82 and a 52 week high of $148.98. The company has a market capitalization of $24.22 billion, a price-to-earnings ratio of 21.51, a P/E/G ratio of 2.59 and a beta of 0.59.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, May 2nd. The communications equipment provider reported $1.28 EPS for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.20. Motorola Solutions had a negative return on equity of 91.61% and a net margin of 13.29%. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same period in the previous year, the firm posted $1.10 earnings per share. Motorola Solutions’s quarterly revenue was up 12.9% compared to the same quarter last year. Equities research analysts predict that Motorola Solutions Inc will post 7.41 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $2.28 dividend on an annualized basis and a yield of 1.55%. Motorola Solutions’s payout ratio is currently 33.38%.

Several analysts recently weighed in on MSI shares. Zacks Investment Research lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, April 10th. Deutsche Bank boosted their price objective on Motorola Solutions from $150.00 to $160.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Raymond James set a $139.00 price objective on Motorola Solutions and gave the company a “buy” rating in a report on Friday, February 8th. TheStreet raised Motorola Solutions from a “c+” rating to a “b-” rating in a report on Tuesday, February 26th. Finally, ValuEngine upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Friday, February 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. Motorola Solutions currently has an average rating of “Buy” and a consensus price target of $139.39.

In other news, Chairman Gregory Q. Brown sold 21,600 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $146.93, for a total transaction of $3,173,688.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP John P. Molloy sold 79,995 shares of the business’s stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $139.42, for a total value of $11,152,902.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 174,692 shares of company stock valued at $24,652,559. 2.99% of the stock is currently owned by insiders.

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Motorola Solutions Profile

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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