B. Metzler seel. Sohn & Co. AG Sells 1,351 Shares of Motorola Solutions, Inc. $MSI

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSIFree Report) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,926 shares of the communications equipment provider’s stock after selling 1,351 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Motorola Solutions were worth $9,555,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Covea Finance increased its position in shares of Motorola Solutions by 5.9% during the third quarter. Covea Finance now owns 111,219 shares of the communications equipment provider’s stock worth $50,859,000 after acquiring an additional 6,153 shares in the last quarter. Capital World Investors increased its position in shares of Motorola Solutions by 5.5% during the third quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock worth $4,292,310,000 after acquiring an additional 490,354 shares in the last quarter. Varma Mutual Pension Insurance Co boosted its holdings in Motorola Solutions by 8.4% during the third quarter. Varma Mutual Pension Insurance Co now owns 29,701 shares of the communications equipment provider’s stock worth $13,582,000 after purchasing an additional 2,300 shares during the last quarter. Barden Capital Management Inc. acquired a new position in Motorola Solutions during the third quarter worth $1,462,000. Finally, Alps Advisors Inc. boosted its holdings in Motorola Solutions by 180.3% during the third quarter. Alps Advisors Inc. now owns 19,899 shares of the communications equipment provider’s stock worth $9,100,000 after purchasing an additional 12,799 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $443.35 on Friday. The stock has a market cap of $73.69 billion, a P/E ratio of 34.75, a P/E/G ratio of 3.08 and a beta of 0.99. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87. The company has a fifty day moving average price of $454.70 and a two-hundred day moving average price of $418.47. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22.

Motorola Solutions (NYSE:MSIGet Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. The firm had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.34 billion. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter last year, the company posted $4.04 earnings per share. As a group, equities analysts predict that Motorola Solutions, Inc. will post 15.25 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 20th were paid a $1.21 dividend. The ex-dividend date was Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. Motorola Solutions’s dividend payout ratio (DPR) is currently 37.93%.

Wall Street Analyst Weigh In

Several brokerages recently commented on MSI. Weiss Ratings upgraded shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. JPMorgan Chase & Co. increased their target price on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Barclays increased their target price on shares of Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Finally, Morgan Stanley restated an “overweight” rating and set a $470.00 target price on shares of Motorola Solutions in a report on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $502.50.

Read Our Latest Analysis on Motorola Solutions

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, Director Kenneth D. Denman sold 434 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $470.12, for a total value of $204,032.08. Following the completion of the sale, the director owned 7,153 shares in the company, valued at $3,362,768.36. This trade represents a 5.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Cynthia Yazdi sold 7,000 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the completion of the sale, the chief executive officer owned 9,529 shares of the company’s stock, valued at approximately $4,488,254.29. This represents a 42.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 129,069 shares of company stock worth $60,779,964 over the last quarter. 1.28% of the stock is currently owned by insiders.

About Motorola Solutions

(Free Report)

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.

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

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