Motorola Solutions, Inc. (NYSE:MSI) Stock Holdings Lifted by Cerity Partners LLC

Cerity Partners LLC grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 196.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,695 shares of the communications equipment provider’s stock after buying an additional 7,083 shares during the period. Cerity Partners LLC’s holdings in Motorola Solutions were worth $3,351,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Qube Research & Technologies Ltd lifted its position in shares of Motorola Solutions by 61.1% in the third quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock worth $90,846,000 after buying an additional 126,517 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in shares of Motorola Solutions by 2.2% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock worth $260,204,000 after buying an additional 17,807 shares during the last quarter. Sherbrooke Park Advisers LLC boosted its position in shares of Motorola Solutions by 224.3% in the third quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider’s stock valued at $1,059,000 after acquiring an additional 2,691 shares during the period. Sei Investments Co. boosted its position in shares of Motorola Solutions by 9.8% in the third quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider’s stock valued at $20,353,000 after acquiring an additional 6,671 shares during the period. Finally, Diversified Trust Co grew its stake in shares of Motorola Solutions by 4.2% in the fourth quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider’s stock worth $1,254,000 after acquiring an additional 162 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insider Transactions at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Motorola Solutions Price Performance

Shares of MSI stock opened at $340.51 on Thursday. The stock’s fifty day simple moving average is $338.77 and its 200 day simple moving average is $318.90. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $355.39. The firm has a market cap of $56.57 billion, a price-to-earnings ratio of 34.29, a P/E/G ratio of 3.14 and a beta of 0.90. The company has a debt-to-equity ratio of 6.37, a current ratio of 1.00 and a quick ratio of 0.85.

Motorola Solutions (NYSE:MSI) last issued its 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 company had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.38 EPS. On average, analysts expect that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 39.48%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 price target for the company. JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Barclays lifted their price objective on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Finally, Evercore ISI began coverage on Motorola Solutions in a research note on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price for the company. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $348.38.

Motorola Solutions 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.