Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 43.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 745 shares of the communications equipment provider’s stock after selling 583 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Motorola Solutions were worth $264,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Private Wealth Management Group LLC purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $29,000. Rise Advisors LLC bought a new stake in shares of Motorola Solutions during the first quarter valued at approximately $29,000. Northwest Capital Management Inc boosted its holdings in Motorola Solutions by 71.4% during the fourth 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 in the last quarter. Motco boosted its position in Motorola Solutions by 137.5% in the fourth quarter. Motco now owns 95 shares of the communications equipment provider’s stock valued at $30,000 after buying an additional 55 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in Motorola Solutions during the 4th quarter valued at $36,000. Institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

MSI has been the subject of a number of research reports. Evercore ISI assumed coverage on Motorola Solutions in a research note on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price for the company. JPMorgan Chase & Co. boosted their price objective 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. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $375.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, June 3rd. Finally, Barclays lifted their price objective on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $358.86.

Motorola Solutions Price Performance

Shares of MSI opened at $386.05 on Friday. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $391.65. The stock’s 50-day moving average price is $365.62 and its two-hundred day moving average price is $342.08. The stock has a market cap of $64.39 billion, a P/E ratio of 47.72, a price-to-earnings-growth ratio of 3.36 and a beta of 0.96. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.29. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. On average, equities analysts predict that Motorola Solutions, Inc. will post 12.07 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be given a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 1.02%. The ex-dividend date is Friday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 48.45%.

Insider Buying and Selling

In other Motorola Solutions news, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the completion of the sale, the senior vice president now owns 8,939 shares of the company’s stock, valued at approximately $3,341,487.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP Rajan Naik sold 5,274 shares of the stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the transaction, the senior vice president now owns 8,939 shares in the company, valued at $3,341,487.59. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kenneth D. Denman sold 690 shares of the company’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $373.11, for a total value of $257,445.90. Following the completion of the transaction, the director now directly owns 8,141 shares in the company, valued at $3,037,488.51. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,389 shares of company stock worth $3,446,461. Company insiders own 1.50% of the company’s stock.

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.