Amalgamated Bank Sells 2,749 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Amalgamated Bank cut its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,388 shares of the communications equipment provider's stock after selling 2,749 shares during the period. Amalgamated Bank's holdings in Motorola Solutions were worth $13,271,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Northwest Capital Management Inc lifted its stake in shares of Motorola Solutions by 71.4% in the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider's stock valued at $30,000 after purchasing an additional 40 shares during the period. Turtle Creek Wealth Advisors LLC bought a new position in Motorola Solutions in the fourth quarter worth $36,000. Bruce G. Allen Investments LLC bought a new position in Motorola Solutions in the fourth quarter worth $38,000. BOK Financial Private Wealth Inc. lifted its position in Motorola Solutions by 73.2% during the fourth 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, Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter valued at $52,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded up $17.42 during midday trading on Friday, reaching $353.66. 1,151,472 shares of the company's stock traded hands, compared to its average volume of 661,346. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $356.17. The stock has a 50 day moving average of $342.91 and a 200 day moving average of $323.39. The company has a market cap of $58.75 billion, a price-to-earnings ratio of 35.62, a P/E/G ratio of 3.10 and a beta of 0.91. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its 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. 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 for the quarter, compared to analysts' expectations of $2.82 billion. During the same quarter in the prior year, the business earned $3.38 EPS. The business's revenue for the quarter was up 5.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

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 dividend of $0.98 per share. The ex-dividend date was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.11%. Motorola Solutions's payout ratio is 39.48%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on MSI shares. JPMorgan Chase & Co. increased their price target on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an "overweight" rating in a research note on Friday. Evercore ISI started coverage on Motorola Solutions in a research report on Monday, March 25th. They issued an "outperform" rating and a $400.00 price target on the stock. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Monday, February 12th. Barclays boosted their target price on Motorola Solutions from $362.00 to $372.00 and gave the stock an "overweight" rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Motorola Solutions in a report on Friday, January 19th. They set a "buy" rating and a $350.00 price target for the company. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and a consensus price target of $351.50.

Insider Activity

In related news, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction on 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 completion of the sale, the senior vice president now owns 8,858 shares of the company's stock, valued at $2,961,229.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.50% of the company's stock.

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.

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