Cetera Advisor Networks LLC Sells 243 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Cetera Advisor Networks LLC lowered its holdings in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,955 shares of the communications equipment provider’s stock after selling 243 shares during the period. Cetera Advisor Networks LLC’s holdings in Motorola Solutions were worth $5,935,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MSI. Janney Montgomery Scott LLC lifted its position in shares of Motorola Solutions by 12.9% during the third quarter. Janney Montgomery Scott LLC now owns 23,379 shares of the communications equipment provider’s stock worth $6,364,000 after acquiring an additional 2,680 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in Motorola Solutions by 2.9% during the 3rd quarter. D.A. Davidson & CO. now owns 1,846 shares of the communications equipment provider’s stock worth $503,000 after purchasing an additional 52 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Motorola Solutions by 2.0% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,047 shares of the communications equipment provider’s stock worth $557,000 after purchasing an additional 40 shares in the last quarter. Pathstone Family Office LLC boosted its stake in Motorola Solutions by 101.8% in the 3rd quarter. Pathstone Family Office LLC now owns 9,120 shares of the communications equipment provider’s stock worth $2,486,000 after purchasing an additional 4,601 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in Motorola Solutions during the 3rd quarter valued at about $52,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MSI shares. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. JPMorgan Chase & Co. increased their target price 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. 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 for the company. Barclays increased their price objective on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, June 3rd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $358.86.

Get Our Latest Research Report on Motorola Solutions

Insider Transactions at Motorola Solutions

In related news, SVP James A. Niewiara sold 810 shares of Motorola Solutions stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the transaction, the senior vice president now owns 12,986 shares in the company, valued at approximately $4,650,156.74. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Motorola Solutions news, SVP James A. Niewiara sold 810 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total transaction of $290,052.90. Following the completion of the sale, the senior vice president now directly owns 12,986 shares in the company, valued at $4,650,156.74. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Katherine A. Maher sold 2,615 shares of Motorola Solutions stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the completion of the transaction, the chief accounting officer now owns 1,138 shares in the company, valued at approximately $403,625.84. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Motorola Solutions Stock Up 0.2 %

Shares of NYSE:MSI opened at $371.06 on Friday. The firm has a market capitalization of $61.89 billion, a PE ratio of 45.87, a price-to-earnings-growth ratio of 3.25 and a beta of 0.96. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $373.75. The firm has a fifty day moving average of $354.84 and a 200 day moving average of $335.90.

Motorola Solutions (NYSE:MSIGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.29. The firm had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 12.07 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Motorola Solutions Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSIFree Report).

Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.