Sequoia Financial Advisors LLC Buys 6,469 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Sequoia Financial Advisors LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 316.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,516 shares of the communications equipment provider's stock after purchasing an additional 6,469 shares during the period. Sequoia Financial Advisors LLC's holdings in Motorola Solutions were worth $2,666,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Motorola Solutions during the fourth quarter worth $470,994,000. Alphinity Investment Management Pty Ltd acquired a new position in shares of Motorola Solutions during the fourth quarter worth $339,283,000. Ameriprise Financial Inc. lifted its holdings in shares of Motorola Solutions by 67.8% during the third quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider's stock worth $324,614,000 after purchasing an additional 482,023 shares during the period. First Trust Advisors LP lifted its holdings in Motorola Solutions by 216.7% in the first quarter. First Trust Advisors LP now owns 435,149 shares of the communications equipment provider's stock valued at $105,393,000 after buying an additional 297,740 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in Motorola Solutions in the third quarter valued at $77,388,000. Institutional investors own 84.17% of the company's stock.

Insider Buying and Selling at Motorola Solutions

In related 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 $2,961,229.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.50% of the company's stock.

Motorola Solutions Stock Down 1.4 %

MSI traded down $4.93 during midday trading on Friday, hitting $343.81. The company had a trading volume of 410,503 shares, compared to its average volume of 617,503. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The stock's 50 day moving average price is $337.64 and its 200 day moving average price is $316.73. The company has a market capitalization of $57.11 billion, a price-to-earnings ratio of 34.67, a PEG ratio of 3.21 and a beta of 0.90. Motorola Solutions, Inc. has a 52 week low of $269.64 and a 52 week high of $355.39.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping the consensus estimate of $3.63 by $0.27. The company had revenue of $2.85 billion during 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% on a year-over-year basis. During the same period in the previous year, the firm posted $3.38 earnings per share. On average, research analysts anticipate that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be given a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Thursday, March 14th. Motorola Solutions's payout ratio is currently 39.48%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MSI. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Monday, February 12th. Barclays boosted their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an "overweight" rating in a report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft began coverage on shares of Motorola Solutions in a report on Friday, January 19th. They issued a "buy" rating and a $350.00 target price on the stock. William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Friday, February 9th. Finally, Evercore ISI assumed coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They issued an "outperform" rating and a $400.00 price target for the company. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $348.38.

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.