Altshuler Shaham Ltd Sells 3,833 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Altshuler Shaham Ltd lessened its position in Motorola Solutions, Inc. (NYSE:MSI) by 44.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,757 shares of the communications equipment provider’s stock after selling 3,833 shares during the period. Motorola Solutions comprises about 0.1% of Altshuler Shaham Ltd’s portfolio, making the stock its 27th largest holding. Altshuler Shaham Ltd’s holdings in Motorola Solutions were worth $1,489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Northwest Capital Management Inc raised its position in shares of Motorola Solutions by 71.4% in 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 during the period. Turtle Creek Wealth Advisors LLC acquired a new stake in Motorola Solutions in the 4th quarter worth about $36,000. Bruce G. Allen Investments LLC bought a new stake in Motorola Solutions in the 4th quarter valued at about $38,000. BOK Financial Private Wealth Inc. increased its holdings in shares of 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 worth $39,000 after purchasing an additional 52 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Motorola Solutions in the third quarter valued at approximately $52,000. 84.17% of the stock is owned by institutional investors.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president now directly 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 through this link. In related news, SVP James A. Niewiara sold 810 shares of the business’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 directly owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were 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 owns 8,858 shares in the company, valued at $2,961,229.40. The disclosure for this sale can be found here. Insiders have sold a total of 8,169 shares of company stock worth $2,803,460 in the last 90 days. Corporate insiders own 1.50% of the company’s stock.

Motorola Solutions Trading Up 0.3 %

MSI traded up $1.25 during trading on Thursday, reaching $360.27. 526,156 shares of the company’s stock were exchanged, compared to its average volume of 667,761. The firm has a fifty day moving average price of $344.95 and a two-hundred day moving average price of $325.55. The stock has a market capitalization of $60.09 billion, a PE ratio of 44.53, a price-to-earnings-growth ratio of 3.27 and a beta of 0.91. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $361.68. 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 posted its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a net margin of 13.64% and a return on equity of 398.16%. The company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. During the same period in the prior year, the firm posted $3.38 EPS. The company’s quarterly revenue was up 5.2% on a year-over-year basis. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Barclays upped their price objective on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a research report on Monday. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. Finally, Evercore ISI initiated coverage on Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $357.43.

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.