Gladstone Institutional Advisory LLC Buys New Position in Motorola Solutions, Inc. (NYSE:MSI)

Gladstone Institutional Advisory LLC bought a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,712 shares of the communications equipment provider's stock, valued at approximately $1,162,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Wealth Management Group LLC bought a new position in shares of Motorola Solutions during the fourth quarter worth $29,000. Northwest Capital Management Inc boosted its position in shares of Motorola Solutions by 71.4% during the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider's stock worth $30,000 after acquiring an additional 40 shares during the last quarter. Motco boosted its position in shares of Motorola Solutions by 137.5% during the fourth quarter. Motco now owns 95 shares of the communications equipment provider's stock worth $30,000 after acquiring an additional 55 shares during the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in shares of Motorola Solutions during the fourth quarter worth $36,000. Finally, Bruce G. Allen Investments LLC bought a new position in shares of Motorola Solutions during the fourth quarter worth $38,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MSI has been the subject of a number of research reports. JPMorgan Chase & Co. upped their target price on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an "overweight" rating in a research report on Friday, May 3rd. Barclays increased their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an "overweight" rating in a research report on Friday, May 3rd. Evercore ISI assumed coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They set an "outperform" rating and a $400.00 price objective for the company. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Monday, February 12th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a "buy" rating in a research report on Monday, May 6th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has an average rating of "Moderate Buy" and a consensus target price of $357.43.

Insider Activity

In other news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction 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 owns 8,858 shares of the company's stock, valued at $2,961,229.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, SVP James A. Niewiara sold 810 shares of the firm's stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the transaction, the senior vice president now owns 12,986 shares of the company's stock, valued at approximately $4,650,156.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Cynthia Yazdi sold 4,744 shares of the firm's stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the transaction, the senior vice president now directly owns 8,858 shares in the company, valued at approximately $2,961,229.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,169 shares of company stock valued at $2,803,460. 1.26% of the stock is currently owned by company insiders.

Motorola Solutions Trading Up 0.4 %

Shares of MSI traded up $1.33 during midday trading on Wednesday, hitting $371.07. The stock had a trading volume of 410,102 shares, compared to its average volume of 661,402. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $372.01. The firm has a market cap of $61.89 billion, a PE ratio of 45.87, a price-to-earnings-growth ratio of 3.23 and a beta of 0.91. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. The stock's 50 day moving average is $350.70 and its 200 day moving average is $331.47.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be paid a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, June 14th. Motorola Solutions's dividend payout ratio is currently 48.45%.

Motorola Solutions 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.