Numeric Investors LLC lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,800 shares of the communications equipment provider’s stock after selling 2,100 shares during the period. Numeric Investors LLC’s holdings in Motorola Solutions were worth $1,544,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of MSI. Acrospire Investment Management LLC increased its position in shares of Motorola Solutions by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the communications equipment provider’s stock worth $104,000 after purchasing an additional 300 shares in the last quarter. Exane Derivatives increased its position in shares of Motorola Solutions by 163.6% during the second quarter. Exane Derivatives now owns 1,613 shares of the communications equipment provider’s stock worth $140,000 after purchasing an additional 1,001 shares in the last quarter. Smithfield Trust Co. increased its position in shares of Motorola Solutions by 2.7% during the second quarter. Smithfield Trust Co. now owns 2,003 shares of the communications equipment provider’s stock worth $173,000 after purchasing an additional 53 shares in the last quarter. King Luther Capital Management Corp acquired a new stake in shares of Motorola Solutions during the first quarter worth about $206,000. Finally, IBM Retirement Fund increased its position in shares of Motorola Solutions by 34.0% during the second quarter. IBM Retirement Fund now owns 2,458 shares of the communications equipment provider’s stock worth $213,000 after purchasing an additional 624 shares in the last quarter. Institutional investors and hedge funds own 87.40% of the company’s stock.

Motorola Solutions, Inc. (MSI) opened at 89.44 on Monday. The firm’s 50-day moving average price is $86.03 and its 200 day moving average price is $86.08. The firm has a market cap of $14.55 billion, a PE ratio of 23.59 and a beta of 0.31. Motorola Solutions, Inc. has a 52-week low of $71.24 and a 52-week high of $93.75.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.07. Motorola Solutions had a net margin of 10.38% and a negative return on equity of 93.44%. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter last year, the company posted $1.03 earnings per share. Motorola Solutions’s revenue was up 4.7% on a year-over-year basis. On average, equities analysts anticipate that Motorola Solutions, Inc. will post $5.29 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 15th will be paid a $0.47 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.88 annualized dividend and a dividend yield of 2.10%. Motorola Solutions’s payout ratio is currently 49.60%.

A number of research firms have recently commented on MSI. Cowen and Company reiterated a “market perform” rating and set a $83.00 target price (up previously from $75.00) on shares of Motorola Solutions in a research report on Wednesday, August 9th. Zacks Investment Research upgraded Motorola Solutions from a “sell” rating to a “hold” rating and set a $99.00 target price on the stock in a research report on Tuesday, August 8th. Deutsche Bank AG lifted their target price on Motorola Solutions from $73.00 to $78.00 and gave the stock a “hold” rating in a research report on Monday, August 7th. Jefferies Group LLC reiterated a “buy” rating and set a $105.00 target price (up previously from $100.00) on shares of Motorola Solutions in a research report on Wednesday, August 9th. Finally, Credit Suisse Group set a $95.00 target price on Motorola Solutions and gave the stock a “buy” rating in a research report on Thursday, July 27th. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Motorola Solutions has a consensus rating of “Buy” and a consensus target price of $94.08.

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In other Motorola Solutions news, EVP Bruce W. Brda sold 25,299 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $89.11, for a total value of $2,254,393.89. Following the sale, the executive vice president now owns 23,829 shares in the company, valued at $2,123,402.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Eduardo F. Conrado sold 6,998 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $89.13, for a total transaction of $623,731.74. Following the completion of the sale, the executive vice president now owns 22,858 shares in the company, valued at approximately $2,037,333.54. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by company insiders.

About Motorola Solutions

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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

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