Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 988,705 shares of the communications equipment provider's stock after selling 19,098 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.60% of Motorola Solutions worth $350,970,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Qube Research & Technologies Ltd boosted its stake in Motorola Solutions by 61.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider's stock valued at $90,846,000 after purchasing an additional 126,517 shares in the last quarter. DekaBank Deutsche Girozentrale grew its holdings in 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 acquiring an additional 17,807 shares during the period. Sherbrooke Park Advisers LLC raised its position in 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 worth $1,059,000 after acquiring an additional 2,691 shares in the last quarter. Sei Investments Co. lifted its holdings in Motorola Solutions by 9.8% in the 3rd 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 last quarter. Finally, Diversified Trust Co lifted its holdings in Motorola Solutions by 4.2% in the 4th quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider's stock valued at $1,254,000 after acquiring an additional 162 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the company's stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the transaction, the senior vice president now directly owns 8,858 shares of the company's stock, valued at approximately $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.26% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Friday, February 9th. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a report on Monday, February 12th. Barclays upped their target price on Motorola Solutions from $333.00 to $352.00 and gave the company an "overweight" rating in a report on Tuesday, January 2nd. Evercore ISI initiated coverage on Motorola Solutions in a research note on Monday, March 25th. They issued an "outperform" rating and a $400.00 price target on the stock. Finally, JPMorgan Chase & Co. boosted their price objective on Motorola Solutions from $360.00 to $400.00 and gave the stock an "overweight" rating in a report on Thursday, April 11th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $348.38.

Motorola Solutions Stock Down 2.5 %

Motorola Solutions stock traded down $8.54 during mid-day trading on Tuesday, hitting $339.15. The company's stock had a trading volume of 1,132,592 shares, compared to its average volume of 641,179. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $355.39. The company has a market cap of $56.34 billion, a PE ratio of 34.15, a price-to-earnings-growth ratio of 3.20 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. The firm's 50 day moving average is $342.59 and its 200 day moving average is $323.21.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The business had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same period in the prior year, the firm earned $3.38 earnings per share. The firm's revenue was up 5.2% compared to the same quarter last year. On average, analysts anticipate that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were issued a dividend of $0.98 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.16%. Motorola Solutions's dividend payout ratio is 39.48%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.