Kestra Private Wealth Services LLC Cuts Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Kestra Private Wealth Services LLC lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,072 shares of the communications equipment provider’s stock after selling 159 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Motorola Solutions were worth $336,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Northwest Capital Management Inc lifted its position in shares of Motorola Solutions by 71.4% during the fourth 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 in the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in shares of Motorola Solutions during the 4th quarter worth approximately $36,000. Bruce G. Allen Investments LLC purchased a new position in shares of Motorola Solutions in the 4th quarter worth approximately $38,000. BOK Financial Private Wealth Inc. grew its holdings in shares of Motorola Solutions by 73.2% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock valued at $39,000 after acquiring an additional 52 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Motorola Solutions during the third quarter valued at approximately $52,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Up 2.4 %

Motorola Solutions stock opened at $358.02 on Wednesday. The firm has a 50 day simple moving average of $344.39 and a 200 day simple moving average of $325.32. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $358.20. The firm has a market capitalization of $59.71 billion, a price-to-earnings ratio of 44.25, a P/E/G ratio of 3.27 and a beta of 0.91.

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

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were given a $0.98 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 48.45%.

Analyst Ratings Changes

MSI has been the topic of several research analyst reports. Evercore ISI began coverage on Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price objective on the stock. Barclays raised 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. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. JPMorgan Chase & Co. raised 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. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a report on Monday. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $357.43.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares in the company, valued at approximately $2,961,229.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.50% of the stock is owned by corporate insiders.

About Motorola Solutions

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.