Wealth Alliance Sells 69 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Wealth Alliance lowered its position in Motorola Solutions, Inc. (NYSE:MSI) by 1.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,605 shares of the communications equipment provider’s stock after selling 69 shares during the period. Wealth Alliance’s holdings in Motorola Solutions were worth $1,442,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Cornerstone Planning Group LLC bought a new position in shares of Motorola Solutions in the second quarter worth about $33,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Motorola Solutions during the first quarter valued at approximately $35,000. Eagle Bay Advisors LLC purchased a new position in shares of Motorola Solutions in the second quarter worth $35,000. Turtle Creek Wealth Advisors LLC bought a new position in shares of Motorola Solutions during the fourth quarter worth $36,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in Motorola Solutions in the 4th quarter worth $38,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on MSI. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Barclays increased their price objective on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Finally, Evercore ISI began coverage on shares of Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $348.38.

Motorola Solutions Trading Up 0.7 %

Shares of MSI traded up $2.28 during midday trading on Tuesday, hitting $340.86. The stock had a trading volume of 254,319 shares, compared to its average volume of 614,516. The stock’s 50 day moving average is $338.23 and its 200 day moving average is $318.27. The firm has a market cap of $56.62 billion, a PE ratio of 34.30, a price-to-earnings-growth ratio of 3.17 and a beta of 0.90. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $355.39.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, beating the consensus estimate of $3.63 by $0.27. The company had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.38 EPS. As a group, analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were paid a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s dividend payout ratio is currently 39.48%.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction on Friday, March 1st. The stock was 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 of the company’s stock, valued at approximately $2,961,229.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.26% of the stock is owned by company 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.