Global Retirement Partners LLC Sells 553 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Global Retirement Partners LLC decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 11.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,172 shares of the communications equipment provider’s stock after selling 553 shares during the quarter. Global Retirement Partners LLC’s holdings in Motorola Solutions were worth $1,317,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp increased its stake in Motorola Solutions by 1.3% in the second quarter. State Street Corp now owns 7,019,371 shares of the communications equipment provider’s stock valued at $2,064,642,000 after acquiring an additional 88,158 shares during the period. Geode Capital Management LLC increased its stake in Motorola Solutions by 3.5% in the first quarter. Geode Capital Management LLC now owns 3,531,492 shares of the communications equipment provider’s stock valued at $1,008,362,000 after acquiring an additional 119,907 shares during the period. Alliancebernstein L.P. increased its stake in Motorola Solutions by 1.9% in the second quarter. Alliancebernstein L.P. now owns 3,337,453 shares of the communications equipment provider’s stock valued at $978,808,000 after acquiring an additional 60,733 shares during the period. FMR LLC increased its stake in Motorola Solutions by 1.6% in the third quarter. FMR LLC now owns 2,350,325 shares of the communications equipment provider’s stock valued at $639,853,000 after acquiring an additional 37,718 shares during the period. Finally, Raymond James & Associates increased its stake in Motorola Solutions by 4.7% in the fourth quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock valued at $674,896,000 after acquiring an additional 96,421 shares during the period. Institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Evercore ISI assumed coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective on the stock. Barclays upped their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 target price on the stock. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Finally, William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. One 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 presently has a consensus rating of “Moderate Buy” and an average price target of $337.25.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $354.98 on Friday. The firm has a market capitalization of $58.96 billion, a PE ratio of 35.75, a price-to-earnings-growth ratio of 3.28 and a beta of 0.90. The firm has a fifty day simple moving average of $333.22 and a two-hundred day simple moving average of $312.48. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $355.39.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same quarter in the prior year, the business posted $3.38 EPS. The business’s revenue was up 5.2% compared to the same quarter last year. Analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 15th will be issued a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Thursday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 39.48%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.50% of the company’s stock.

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.