Mount Yale Investment Advisors LLC Cuts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Mount Yale Investment Advisors LLC reduced its position in Motorola Solutions, Inc. (NYSE:MSI) by 21.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 2,172 shares of the communications equipment provider’s stock after selling 606 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Motorola Solutions were worth $976,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management raised its holdings in shares of Motorola Solutions by 17.6% during the 1st quarter. Brookstone Capital Management now owns 881 shares of the communications equipment provider’s stock worth $313,000 after acquiring an additional 132 shares in the last quarter. MCF Advisors LLC raised its stake in Motorola Solutions by 12.7% during the first quarter. MCF Advisors LLC now owns 541 shares of the communications equipment provider’s stock valued at $192,000 after purchasing an additional 61 shares in the last quarter. Physician Wealth Advisors Inc. bought a new position in Motorola Solutions during the first quarter valued at $206,000. Aviance Capital Partners LLC purchased a new position in shares of Motorola Solutions in the 1st quarter worth $204,000. Finally, Diversified Trust Co increased its holdings in shares of Motorola Solutions by 1.1% in the 1st quarter. Diversified Trust Co now owns 4,047 shares of the communications equipment provider’s stock worth $1,437,000 after buying an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insiders Place Their Bets

In other news, COO John P. Molloy sold 23,985 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the transaction, the chief operating officer now owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Jefferies Financial Group boosted their target price on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Evercore ISI raised their price target on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Finally, Barclays increased their target price on shares of Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Eight analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $479.50.

Motorola Solutions Stock Down 0.7 %

NYSE:MSI opened at $462.32 on Friday. The stock has a fifty day simple moving average of $447.27 and a 200-day simple moving average of $399.97. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 7.03. The company has a market cap of $77.13 billion, a price-to-earnings ratio of 54.14, a price-to-earnings-growth ratio of 3.96 and a beta of 0.97. Motorola Solutions, Inc. has a twelve month low of $271.73 and a twelve month high of $480.28.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.23. The company had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the business posted $2.41 EPS. Analysts anticipate that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were paid a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 annualized dividend and a yield of 0.85%. Motorola Solutions’s dividend payout ratio (DPR) is currently 45.90%.

Motorola Solutions Company 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.