Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Northstar Advisory Group LLC

Northstar Advisory Group LLC trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 29.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,575 shares of the communications equipment provider’s stock after selling 2,317 shares during the quarter. Motorola Solutions comprises 1.0% of Northstar Advisory Group LLC’s investment portfolio, making the stock its 27th biggest holding. Northstar Advisory Group LLC’s holdings in Motorola Solutions were worth $1,745,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Cornerstone Planning Group LLC purchased a new stake in Motorola Solutions in the 2nd quarter valued at approximately $33,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Motorola Solutions in the 1st quarter valued at about $35,000. Eagle Bay Advisors LLC purchased a new stake in Motorola Solutions during the second quarter worth about $35,000. Bruce G. Allen Investments LLC acquired a new stake in shares of Motorola Solutions during the 4th quarter valued at approximately $38,000. Finally, Almanack Investment Partners LLC. purchased a new stake in shares of Motorola Solutions during the 3rd quarter worth approximately $38,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $352.91 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The firm has a 50-day simple moving average of $331.24 and a 200 day simple moving average of $311.39. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $354.02. The company has a market cap of $58.62 billion, a PE ratio of 35.59, a P/E/G ratio of 3.21 and a beta of 0.90.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $3.38 EPS. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be paid a dividend of $0.98 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.11%. Motorola Solutions’s dividend payout ratio is presently 39.48%.

Analysts Set New Price Targets

MSI has been the topic of several research reports. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Evercore ISI initiated coverage on shares of Motorola Solutions in a research note on Monday. They set an “outperform” rating and a $400.00 price target on the stock. Barclays boosted their price target on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a report on Tuesday, January 2nd. William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective on the stock. One equities 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 currently has an average rating of “Moderate Buy” and a consensus target price of $337.25.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the transaction, the senior vice president now owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.50% of the stock is currently owned by corporate insiders.

Motorola Solutions Company 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.