NorthRock Partners LLC Has $365,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

NorthRock Partners LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 12.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,167 shares of the communications equipment provider’s stock after purchasing an additional 126 shares during the quarter. NorthRock Partners LLC’s holdings in Motorola Solutions were worth $365,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MSI. Qube Research & Technologies Ltd lifted its holdings in shares of Motorola Solutions by 61.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock worth $90,846,000 after purchasing an additional 126,517 shares in the last quarter. DekaBank Deutsche Girozentrale increased its position in shares of Motorola Solutions by 2.2% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 839,123 shares of the communications equipment provider’s stock worth $260,204,000 after acquiring an additional 17,807 shares in the last quarter. Sherbrooke Park Advisers LLC raised its holdings in shares of Motorola Solutions by 224.3% in the 3rd quarter. Sherbrooke Park Advisers LLC now owns 3,891 shares of the communications equipment provider’s stock worth $1,059,000 after acquiring an additional 2,691 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Motorola Solutions by 9.8% in the 3rd quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider’s stock worth $20,353,000 after acquiring an additional 6,671 shares during the last quarter. Finally, Diversified Trust Co lifted its position in Motorola Solutions by 4.2% in the 4th quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider’s stock valued at $1,254,000 after acquiring an additional 162 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, SVP James A. Niewiara sold 810 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the sale, the senior vice president now owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CAO Katherine A. Maher sold 2,615 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the completion of the transaction, the chief accounting officer now directly owns 1,138 shares of the company’s stock, valued at $403,625.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP James A. Niewiara sold 810 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total value of $290,052.90. Following the sale, the senior vice president now directly owns 12,986 shares in the company, valued at approximately $4,650,156.74. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,169 shares of company stock valued at $2,803,460. 1.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MSI. Barclays increased their price objective on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $355.00 to $375.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Finally, William Blair restated an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $357.43.

Check Out Our Latest Stock Report on Motorola Solutions

Motorola Solutions Stock Performance

Motorola Solutions stock traded up $1.39 during trading on Friday, hitting $367.80. The stock had a trading volume of 423,929 shares, compared to its average volume of 878,142. The stock’s 50 day moving average is $348.96 and its two-hundred day moving average is $329.38. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $369.59. The stock has a market cap of $61.35 billion, a price-to-earnings ratio of 45.46, a price-to-earnings-growth ratio of 3.22 and a beta of 0.91. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 11.16.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.98 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.07%. Motorola Solutions’s payout ratio is 48.45%.

About Motorola Solutions

(Free Report)

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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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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