Silvercrest Asset Management Group LLC Sells 5,011 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Silvercrest Asset Management Group LLC lessened its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 15.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,842 shares of the communications equipment provider's stock after selling 5,011 shares during the quarter. Silvercrest Asset Management Group LLC's holdings in Motorola Solutions were worth $12,407,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in Motorola Solutions in the fourth quarter valued at approximately $1,528,949,000. Norges Bank purchased a new position in Motorola Solutions during the 4th quarter worth approximately $1,073,645,000. Arrowstreet Capital Limited Partnership increased its position in Motorola Solutions by 330.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock worth $291,922,000 after buying an additional 484,727 shares during the period. Geode Capital Management LLC increased its holdings in shares of Motorola Solutions by 12.1% in the fourth quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after purchasing an additional 451,172 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its stake in shares of Motorola Solutions by 209.3% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock valued at $258,528,000 after buying an additional 378,462 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. Barclays cut their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. Finally, Morgan Stanley boosted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $513.25.

Motorola Solutions Stock Performance

Motorola Solutions stock traded down $2.26 during mid-day trading on Tuesday, reaching $423.03. The company had a trading volume of 653,024 shares, compared to its average volume of 786,328. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 52 week low of $356.77 and a 52 week high of $507.82. The company has a 50 day moving average of $421.47 and a 200-day moving average of $449.89. The firm has a market cap of $70.61 billion, a price-to-earnings ratio of 45.88, a PEG ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the business earned $2.81 earnings per share. The firm's revenue for the quarter was up 5.8% compared to the same quarter last year. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th 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, June 13th. Motorola Solutions's dividend payout ratio (DPR) is presently 36.39%.

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.