Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Picton Mahoney Asset Management

Picton Mahoney Asset Management reduced its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,352 shares of the communications equipment provider's stock after selling 3,529 shares during the quarter. Picton Mahoney Asset Management's holdings in Motorola Solutions were worth $9,188,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. OmniStar Financial Group Inc. increased its holdings in shares of Motorola Solutions by 1.7% in the fourth quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider's stock valued at $636,000 after purchasing an additional 33 shares during the last quarter. Valley National Advisers Inc. increased its stake in shares of Motorola Solutions by 21.3% in the 4th quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider's stock worth $58,000 after acquiring an additional 33 shares during the last quarter. Merit Financial Group LLC raised its holdings in shares of Motorola Solutions by 3.0% during the 3rd quarter. Merit Financial Group LLC now owns 1,301 shares of the communications equipment provider's stock worth $354,000 after acquiring an additional 38 shares during the period. Valeo Financial Advisors LLC raised its holdings in shares of Motorola Solutions by 4.8% during the 4th quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider's stock worth $264,000 after acquiring an additional 39 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Motorola Solutions by 2.0% in the third quarter. Sequoia Financial Advisors LLC now owns 2,047 shares of the communications equipment provider's stock valued at $557,000 after purchasing an additional 40 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

Insider Activity

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following 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 sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Barclays lifted their target price on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an "overweight" rating in a research note on Friday. Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $355.00 to $375.00 and gave the stock a "buy" rating in a research note on Monday. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research note on Friday, February 9th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Monday, February 12th. Finally, Evercore ISI assumed coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They issued an "outperform" rating and a $400.00 target price on the stock. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions currently has a consensus rating of "Moderate Buy" and a consensus target price of $357.43.

Motorola Solutions Trading Up 2.4 %

NYSE MSI traded up $8.38 during trading on Tuesday, hitting $358.02. The stock had a trading volume of 801,088 shares, compared to its average volume of 668,165. The company has a market capitalization of $59.71 billion, a PE ratio of 44.25, a PEG ratio of 3.27 and a beta of 0.91. Motorola Solutions, Inc. has a twelve month low of $269.64 and a twelve month high of $358.20. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16. The firm has a 50 day moving average price of $344.39 and a 200 day moving average price of $325.32.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping the consensus estimate of $3.63 by $0.27. The firm 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 13.64% and a return on equity of 398.16%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm earned $3.38 EPS. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were given a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date was Thursday, March 14th. Motorola Solutions's dividend payout ratio is currently 48.45%.

About Motorola Solutions

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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