Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. reduced its position in Motorola Solutions, Inc. (NYSE:MSI) by 18.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262 shares of the communications equipment provider’s stock after selling 60 shares during the period. First Horizon Advisors Inc.’s holdings in Motorola Solutions were worth $82,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of MSI. Northwest Capital Management Inc grew its stake in Motorola Solutions by 71.4% in the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after acquiring an additional 40 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new position in Motorola Solutions in the fourth quarter valued at $36,000. Bruce G. Allen Investments LLC purchased a new position in Motorola Solutions during the fourth quarter worth about $38,000. BOK Financial Private Wealth Inc. grew its holdings in Motorola Solutions by 73.2% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock valued at $39,000 after buying an additional 52 shares during the period. Finally, Valley National Advisers Inc. increased its stake in shares of Motorola Solutions by 21.3% during the 4th quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock valued at $58,000 after acquiring an additional 33 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Up 2.4 %

NYSE:MSI opened at $358.02 on Wednesday. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $358.20. The business’s 50-day simple moving average is $344.39 and its 200 day simple moving average is $325.32. The stock has a market cap of $59.71 billion, a price-to-earnings ratio of 44.25, a price-to-earnings-growth ratio of 3.27 and a beta of 0.91.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.27. The firm had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the company posted $3.38 earnings per share. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were issued a $0.98 dividend. The ex-dividend date was Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.09%. Motorola Solutions’s dividend payout ratio (DPR) is 48.45%.

Insider Buying and Selling

In related news, SVP Cynthia Yazdi sold 4,744 shares of the 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 owns 8,858 shares in the company, valued at $2,961,229.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a report on Monday. Barclays lifted their price objective on Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research note on Friday, May 3rd. William Blair restated an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. JPMorgan Chase & Co. increased their price objective on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Finally, StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $357.43.

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.