Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Stevens Capital Management LP

Stevens Capital Management LP trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 49.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,521 shares of the communications equipment provider’s stock after selling 1,481 shares during the period. Stevens Capital Management LP’s holdings in Motorola Solutions were worth $476,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC lifted its stake in shares of Motorola Solutions by 1.6% in the 3rd quarter. FMR LLC now owns 2,350,325 shares of the communications equipment provider’s stock valued at $639,853,000 after purchasing an additional 37,718 shares during the period. Raymond James & Associates lifted its stake in shares of Motorola Solutions by 4.7% in the 4th quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock valued at $674,896,000 after purchasing an additional 96,421 shares during the period. Invesco Ltd. lifted its stake in shares of Motorola Solutions by 0.4% in the 3rd quarter. Invesco Ltd. now owns 2,006,858 shares of the communications equipment provider’s stock valued at $546,347,000 after purchasing an additional 8,514 shares during the period. Northern Trust Corp lifted its stake in shares of Motorola Solutions by 1.5% in the 3rd quarter. Northern Trust Corp now owns 1,841,890 shares of the communications equipment provider’s stock valued at $501,436,000 after purchasing an additional 27,874 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Motorola Solutions by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,605,900 shares of the communications equipment provider’s stock valued at $437,190,000 after purchasing an additional 36,061 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded up $3.79 during trading hours on Thursday, reaching $348.91. 926,159 shares of the company’s stock were exchanged, compared to its average volume of 635,292. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $355.39. The company has a market capitalization of $57.96 billion, a P/E ratio of 34.75, a price-to-earnings-growth ratio of 3.19 and a beta of 0.90. The business has a fifty day moving average of $340.71 and a two-hundred day moving average of $321.33. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same quarter in the prior year, the firm posted $3.38 earnings per share. Motorola Solutions’s quarterly revenue was up 5.2% on a year-over-year basis. As a group, research analysts predict that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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 $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend was Thursday, March 14th. Motorola Solutions’s dividend payout ratio is currently 39.48%.

Analysts Set New Price Targets

MSI has been the subject of a number of research analyst reports. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. Evercore ISI initiated 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. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. Finally, Barclays upped their price objective on shares of Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $348.38.

Insider Activity at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction dated 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 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is currently owned by insiders.

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.