Vestmark Advisory Solutions Inc. Sells 42 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Vestmark Advisory Solutions Inc. lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,252 shares of the communications equipment provider’s stock after selling 42 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Motorola Solutions were worth $705,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of MSI. Provence Wealth Management Group increased its holdings in shares of Motorola Solutions by 11.0% in the fourth quarter. Provence Wealth Management Group now owns 1,107 shares of the communications equipment provider’s stock worth $347,000 after purchasing an additional 110 shares during the period. Sapient Capital LLC purchased a new stake in Motorola Solutions during the 4th quarter valued at $6,695,000. Merit Financial Group LLC raised its holdings in Motorola Solutions by 31.6% during the 4th quarter. Merit Financial Group LLC now owns 1,712 shares of the communications equipment provider’s stock valued at $536,000 after buying an additional 411 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in Motorola Solutions by 280.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 551 shares of the communications equipment provider’s stock valued at $172,000 after buying an additional 406 shares during the period. Finally, Los Angeles Capital Management LLC raised its holdings in Motorola Solutions by 9.1% during the 4th quarter. Los Angeles Capital Management LLC now owns 137,629 shares of the communications equipment provider’s stock valued at $43,090,000 after buying an additional 11,455 shares during the period. 84.17% of the stock is owned by institutional investors.

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the transaction, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.26% of the company’s stock.

Motorola Solutions Stock Performance

MSI stock traded down $4.54 during trading on Monday, hitting $349.16. 108,917 shares of the company traded hands, compared to its average volume of 654,558. The stock’s 50-day simple moving average is $343.38 and its 200 day simple moving average is $324.30. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. The company has a market cap of $58.24 billion, a PE ratio of 43.72, a P/E/G ratio of 3.27 and a beta of 0.91. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $356.17.

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%. Motorola Solutions’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the business earned $3.38 earnings per share. On average, equities analysts expect that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were paid a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 1.12%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s payout ratio is 48.45%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on MSI shares. JPMorgan Chase & Co. increased their target price on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research note on Friday. Barclays raised their price target on Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research note on Friday. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. Evercore ISI initiated coverage on Motorola Solutions in a research report on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.86.

Motorola Solutions 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.