Sumitomo Mitsui Trust Holdings Inc. Sells 2,495 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Sumitomo Mitsui Trust Holdings Inc. decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 458,971 shares of the communications equipment provider’s stock after selling 2,495 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned about 0.28% of Motorola Solutions worth $143,699,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. American Century Companies Inc. raised its position in shares of Motorola Solutions by 11.6% during the 1st quarter. American Century Companies Inc. now owns 3,918 shares of the communications equipment provider’s stock valued at $949,000 after acquiring an additional 406 shares during the last quarter. Cibc World Market Inc. boosted its stake in Motorola Solutions by 3.1% during the 1st quarter. Cibc World Market Inc. now owns 11,087 shares of the communications equipment provider’s stock worth $2,685,000 after acquiring an additional 329 shares during the last quarter. Moors & Cabot Inc. grew its holdings in Motorola Solutions by 8.8% during the first quarter. Moors & Cabot Inc. now owns 2,870 shares of the communications equipment provider’s stock valued at $695,000 after purchasing an additional 231 shares during the period. Sequoia Financial Advisors LLC bought a new stake in Motorola Solutions in the first quarter valued at approximately $225,000. Finally, Baird Financial Group Inc. raised its holdings in Motorola Solutions by 7.3% in the first quarter. Baird Financial Group Inc. now owns 55,177 shares of the communications equipment provider’s stock worth $13,362,000 after purchasing an additional 3,741 shares during the period. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Trading Down 1.5 %

Shares of NYSE:MSI opened at $338.58 on Tuesday. The company’s 50-day moving average price is $338.23 and its two-hundred day moving average price is $318.27. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $355.39. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85. The stock has a market capitalization of $56.24 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 3.17 and a beta of 0.90.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, beating the consensus estimate of $3.63 by $0.27. The firm 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 441.65% and a net margin of 17.12%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.38 earnings per share. On average, equities analysts forecast that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s dividend payout ratio is currently 39.48%.

Insider Buying and Selling at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the business’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 transaction, the senior vice president now directly owns 8,858 shares in the company, valued at approximately $2,961,229.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Evercore ISI started coverage on Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Motorola Solutions in a 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 report on Monday, February 12th. Finally, Barclays increased their price objective 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. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $348.38.

About Motorola Solutions

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.