Sei Investments Co. Sells 2,333 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Sei Investments Co. lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 1.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 122,964 shares of the communications equipment provider’s stock after selling 2,333 shares during the period. Sei Investments Co.’s holdings in Motorola Solutions were worth $56,838,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions during the 3rd quarter worth $29,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions in the fourth quarter valued at about $30,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Up 0.3 %

NYSE MSI opened at $423.39 on Monday. The business has a fifty day moving average price of $446.45 and a two-hundred day moving average price of $459.80. The stock has a market capitalization of $70.68 billion, a PE ratio of 45.92, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Equities analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is 47.29%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MSI. Deutsche Bank Aktiengesellschaft raised their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Barclays lowered their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Morgan Stanley increased their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

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.