Meridian Wealth Advisors LLC Sells 86 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Meridian Wealth Advisors LLC reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,818 shares of the communications equipment provider’s stock after selling 86 shares during the quarter. Meridian Wealth Advisors LLC’s holdings in Motorola Solutions were worth $882,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of MSI. Northwest Capital Management Inc boosted its holdings in Motorola Solutions by 71.4% in the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 40 shares during the period. Turtle Creek Wealth Advisors LLC bought a new stake in Motorola Solutions during the fourth quarter valued at $36,000. Bruce G. Allen Investments LLC purchased a new position in Motorola Solutions during the fourth quarter worth about $38,000. BOK Financial Private Wealth Inc. increased its stake in Motorola Solutions by 73.2% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock worth $39,000 after acquiring an additional 52 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at about $52,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Performance

Shares of NYSE:MSI opened at $358.65 on Thursday. 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 company has a 50-day moving average price of $344.39 and a 200-day moving average price of $325.32. The company has a market cap of $59.82 billion, a price-to-earnings ratio of 44.38, a price-to-earnings-growth ratio of 3.27 and a beta of 0.91. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $361.68.

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

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors 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 dividend on an annualized basis and a dividend yield of 1.09%. Motorola Solutions’s dividend payout ratio is presently 48.45%.

Analyst Ratings Changes

Several brokerages recently issued reports on MSI. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. Barclays boosted their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft increased their target price on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a report on Monday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $357.43.

Insider Activity at Motorola Solutions

In related 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 owns 8,858 shares in the company, valued at $2,961,229.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is 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.