Atria Investments LLC lowered its holdings in Motorola Solutions Inc (NYSE:MSI) by 21.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,021 shares of the communications equipment provider’s stock after selling 2,202 shares during the quarter. Atria Investments LLC’s holdings in Motorola Solutions were worth $725,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of MSI. Grove Bank & Trust boosted its stake in Motorola Solutions by 731.0% in the third quarter. Grove Bank & Trust now owns 1,205 shares of the communications equipment provider’s stock worth $102,000 after purchasing an additional 1,060 shares in the last quarter. Sun Life Financial INC boosted its stake in Motorola Solutions by 14,800.0% in the second quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock worth $103,000 after purchasing an additional 1,184 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in Motorola Solutions in the third quarter worth $187,000. Williams Jones & Associates LLC acquired a new position in Motorola Solutions in the second quarter worth $201,000. Finally, Pinnacle Associates Ltd. acquired a new position in Motorola Solutions in the third quarter worth $206,000. 87.81% of the stock is currently owned by institutional investors.
In other Motorola Solutions news, EVP Mark S. Hacker sold 7,411 shares of the stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $95.00, for a total value of $704,045.00. Following the completion of the sale, the executive vice president now directly owns 16,396 shares in the company, valued at $1,557,620. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Motorola Solutions, Inc. sold 949,779 shares of the stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $15.00, for a total value of $14,246,685.00. The disclosure for this sale can be found here. Insiders sold 1,336,176 shares of company stock valued at $49,961,105 in the last quarter. 2.50% of the stock is currently owned by corporate insiders.
A number of equities analysts have commented on MSI shares. Jefferies Group reissued a “buy” rating and issued a $105.00 price objective on shares of Motorola Solutions in a research note on Friday, October 6th. Cleveland Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating in a research report on Friday, October 6th. Zacks Investment Research downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday, October 9th. ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, Deutsche Bank upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research report on Friday, January 12th. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $95.50.
Shares of Motorola Solutions Inc (NYSE:MSI) opened at $97.80 on Monday. The company has a market capitalization of $15,840.00, a PE ratio of 25.01, a P/E/G ratio of 4.05 and a beta of 0.35. The company has a quick ratio of 1.16, a current ratio of 1.30 and a debt-to-equity ratio of -5.41. Motorola Solutions Inc has a fifty-two week low of $76.92 and a fifty-two week high of $98.27.
Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.13. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.37 earnings per share. equities analysts expect that Motorola Solutions Inc will post 5.14 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 15th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date was Thursday, December 14th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.47. Motorola Solutions’s dividend payout ratio is currently 53.20%.
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Motorola Solutions Company Profile
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.
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