Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Get Rating) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,741 shares of the communications equipment provider’s stock after selling 75 shares during the quarter. Capital Investment Advisors LLC’s holdings in Motorola Solutions were worth $706,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MSI. Asset Dedication LLC acquired a new position in Motorola Solutions in the 3rd quarter worth approximately $29,000. Eagle Bay Advisors LLC acquired a new stake in shares of Motorola Solutions in the 2nd quarter valued at $35,000. Almanack Investment Partners LLC. acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $38,000. Creative Financial Designs Inc. ADV lifted its stake in shares of Motorola Solutions by 93.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 207 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 100 shares during the last quarter. Finally, Standard Family Office LLC acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $50,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Q. Brown sold 26,933 shares of the firm’s stock in a transaction dated Tuesday, February 14th. The shares were sold at an average price of $271.25, for a total value of $7,305,576.25. Following the transaction, the chief executive officer now directly owns 48,142 shares of the company’s stock, valued at approximately $13,058,517.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Motorola Solutions news, Director Kenneth D. Denman sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, March 8th. The shares were sold at an average price of $266.33, for a total value of $399,495.00. Following the transaction, the director now directly owns 8,313 shares of the company’s stock, valued at approximately $2,214,001.29. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Gregory Q. Brown sold 26,933 shares of the firm’s stock in a transaction that occurred on Tuesday, February 14th. The shares were sold at an average price of $271.25, for a total transaction of $7,305,576.25. Following the completion of the sale, the chief executive officer now owns 48,142 shares in the company, valued at $13,058,517.50. The disclosure for this sale can be found here. Insiders have sold a total of 37,167 shares of company stock valued at $10,066,483 in the last ninety days. 1.85% of the stock is currently owned by company insiders.

Motorola Solutions Stock Performance

Shares of MSI opened at $264.24 on Friday. Motorola Solutions, Inc. has a 12 month low of $195.18 and a 12 month high of $275.16. The firm has a fifty day simple moving average of $262.49 and a 200 day simple moving average of $253.02. The stock has a market capitalization of $44.19 billion, a price-to-earnings ratio of 33.32, a PEG ratio of 2.85 and a beta of 0.92. The company has a current ratio of 1.15, a quick ratio of 0.92 and a debt-to-equity ratio of 45.90.

Motorola Solutions (NYSE:MSI – Get Rating) last announced its quarterly earnings results on Thursday, February 9th. The communications equipment provider reported $3.60 EPS for the quarter, beating analysts’ consensus estimates of $3.43 by $0.17. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.53 billion. Motorola Solutions had a net margin of 14.96% and a negative return on equity of 663.73%. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.66 earnings per share. Research analysts forecast that Motorola Solutions, Inc. will post 10.09 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 14th. Shareholders of record on Wednesday, March 15th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Tuesday, March 14th. Motorola Solutions’s dividend payout ratio is currently 44.39%.

Analyst Ratings Changes

MSI has been the topic of several recent analyst reports. Edward Jones downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, January 23rd. TheStreet upgraded shares of Motorola Solutions from a “c+” rating to a “b” rating in a research report on Thursday, February 9th. JPMorgan Chase & Co. upgraded shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $300.00 to $305.00 in a research report on Thursday. Credit Suisse Group lowered shares of Motorola Solutions from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $300.00 to $270.00 in a research report on Wednesday, January 11th. Finally, Barclays reduced their price target on shares of Motorola Solutions from $306.00 to $303.00 and set an “overweight” rating on the stock in a research report on Friday, February 10th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $290.67.

Motorola Solutions Profile

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Motorola Solutions, Inc engages in the provision of communication infrastructure, devices, accessories, software, and services. It operates through the following 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 the implementation and integration of such systems, devices, and applications.