Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $1.09 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,487 shares of the communications equipment provider’s stock after selling 181 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Motorola Solutions were worth $1,092,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MSI. Apollon Wealth Management LLC boosted its position in shares of Motorola Solutions by 3.4% during the fourth quarter. Apollon Wealth Management LLC now owns 3,283 shares of the communications equipment provider’s stock worth $1,028,000 after buying an additional 109 shares during the period. Lincoln National Corp grew its stake in shares of Motorola Solutions by 7.1% during the 4th quarter. Lincoln National Corp now owns 2,436 shares of the communications equipment provider’s stock worth $763,000 after acquiring an additional 161 shares in the last quarter. Fielder Capital Group LLC bought a new stake in shares of Motorola Solutions in the fourth quarter worth $293,000. Maryland State Retirement & Pension System lifted its position in shares of Motorola Solutions by 1.9% in the fourth quarter. Maryland State Retirement & Pension System now owns 12,858 shares of the communications equipment provider’s stock worth $4,026,000 after purchasing an additional 240 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in Motorola Solutions by 28.8% in the fourth quarter. Private Advisor Group LLC now owns 4,094 shares of the communications equipment provider’s stock valued at $1,282,000 after purchasing an additional 915 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.8 %

MSI stock traded up $2.91 during midday trading on Wednesday, hitting $361.08. The stock had a trading volume of 148,619 shares, compared to its average volume of 662,154. The firm has a market cap of $60.22 billion, a P/E ratio of 44.25, a price-to-earnings-growth ratio of 3.27 and a beta of 0.91. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16. The business has a fifty day moving average price of $344.39 and a two-hundred day moving average price of $325.32. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $361.67.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.27. The firm had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. The company’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.38 earnings per share. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were issued a dividend of $0.98 per share. The ex-dividend date was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.09%. Motorola Solutions’s dividend payout ratio is currently 48.45%.

Analysts Set New Price Targets

MSI has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their price target on Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a research note on Friday, May 3rd. Evercore ISI began coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 price target on the stock. Barclays raised their target price on Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a report on Friday, May 3rd. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a research note on Monday. One equities 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $357.43.

Insider Activity

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the senior vice president now owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.50% of the company’s stock.

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.