Ameritas Investment Partners Inc. Has $750,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Ameritas Investment Partners Inc. decreased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,112 shares of the communications equipment provider’s stock after selling 48 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Motorola Solutions were worth $750,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Private Wealth Management Group LLC acquired a new position in Motorola Solutions during the 4th quarter worth $29,000. Rise Advisors LLC acquired a new position in Motorola Solutions during the 1st quarter worth $29,000. Northwest Capital Management Inc lifted its holdings in Motorola Solutions by 71.4% during the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 40 shares in the last quarter. Motco lifted its holdings in Motorola Solutions by 137.5% during the 4th quarter. Motco now owns 95 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 55 shares in the last quarter. Finally, Hexagon Capital Partners LLC lifted its holdings in Motorola Solutions by 78.7% during the 1st quarter. Hexagon Capital Partners LLC now owns 84 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.1 %

MSI stock traded up $0.59 during midday trading on Tuesday, hitting $396.74. 444,669 shares of the company’s stock were exchanged, compared to its average volume of 656,355. The stock’s fifty day moving average price is $378.75 and its 200-day moving average price is $351.16. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. The company has a market cap of $66.18 billion, a PE ratio of 49.33, a price-to-earnings-growth ratio of 3.41 and a beta of 0.94. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $399.62.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.29. The business had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.34 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. Research analysts predict that Motorola Solutions, Inc. will post 12.07 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 14th were issued a dividend of $0.98 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 0.99%. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Insider Transactions at Motorola Solutions

In related news, CAO Katherine A. Maher sold 2,615 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the completion of the sale, the chief accounting officer now directly owns 1,138 shares in the company, valued at $403,625.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CAO Katherine A. Maher sold 2,615 shares of the stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total transaction of $927,488.20. Following the transaction, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at approximately $403,625.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP James A. Niewiara sold 810 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total transaction of $290,052.90. Following the transaction, the senior vice president now directly owns 12,986 shares in the company, valued at approximately $4,650,156.74. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,389 shares of company stock worth $3,446,461. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MSI shares. Bank of America raised their price target on Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. JPMorgan Chase & Co. raised their price target on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, June 3rd. Evercore ISI started coverage on Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price target on the stock. Finally, Barclays raised their price target on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $374.57.

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.