Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Phoenix Wealth Advisors

Phoenix Wealth Advisors lessened its position in Motorola Solutions, Inc. (NYSE:MSI) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,856 shares of the communications equipment provider’s stock after selling 451 shares during the quarter. Motorola Solutions makes up 2.1% of Phoenix Wealth Advisors’ investment portfolio, making the stock its 15th largest holding. Phoenix Wealth Advisors’ holdings in Motorola Solutions were worth $3,072,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Qube Research & Technologies Ltd boosted its position in Motorola Solutions by 61.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock valued at $90,846,000 after buying an additional 126,517 shares during the period. DekaBank Deutsche Girozentrale grew its stake in Motorola Solutions by 2.2% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock worth $260,204,000 after purchasing an additional 17,807 shares in the last quarter. Sherbrooke Park Advisers LLC grew its stake in Motorola Solutions by 224.3% during the 3rd quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider’s stock worth $1,059,000 after purchasing an additional 2,691 shares in the last quarter. Sei Investments Co. raised its position in Motorola Solutions by 9.8% in the 3rd quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider’s stock valued at $20,353,000 after purchasing an additional 6,671 shares in the last quarter. Finally, Diversified Trust Co boosted its stake in shares of Motorola Solutions by 4.2% in the 4th quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider’s stock valued at $1,254,000 after buying an additional 162 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Motorola Solutions stock traded up $1.53 during midday trading on Wednesday, hitting $340.11. 530,262 shares of the company’s stock were exchanged, compared to its average volume of 511,085. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00. The stock has a market cap of $56.50 billion, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 3.13 and a beta of 0.90. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $355.39. The firm’s 50 day simple moving average is $338.52 and its 200 day simple moving average is $318.75.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data 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. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The firm had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same period in the prior year, the business earned $3.38 EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. Equities research analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Announces Dividend

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

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the transaction, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.26% of the company’s stock.

Analyst Ratings Changes

MSI has been the topic of a number of analyst reports. William Blair restated an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Deutsche Bank Aktiengesellschaft began coverage on Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. Barclays raised their target price on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. Finally, JPMorgan Chase & Co. upped their price target on Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $348.38.

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.