Level Four Advisory Services LLC Reduces Position in Motorola Solutions, Inc. (NYSE:MSI)

Level Four Advisory Services LLC decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSIFree Report) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,451 shares of the communications equipment provider’s stock after selling 32 shares during the quarter. Level Four Advisory Services LLC’s holdings in Motorola Solutions were worth $2,333,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the company. FMR LLC grew its holdings in shares of Motorola Solutions by 1.6% in the third 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 boosted its stake in Motorola Solutions by 4.7% during the fourth quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock worth $674,896,000 after buying an additional 96,421 shares during the period. Invesco Ltd. boosted its stake in Motorola Solutions by 0.4% during the third quarter. Invesco Ltd. now owns 2,006,858 shares of the communications equipment provider’s stock worth $546,347,000 after buying an additional 8,514 shares during the period. Northern Trust Corp boosted its stake in Motorola Solutions by 1.5% during the third quarter. Northern Trust Corp now owns 1,841,890 shares of the communications equipment provider’s stock worth $501,436,000 after buying an additional 27,874 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Motorola Solutions by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 1,605,900 shares of the communications equipment provider’s stock worth $437,190,000 after buying an additional 36,061 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded up $1.39 during midday trading on Friday, hitting $367.80. 423,929 shares of the stock were exchanged, compared to its average volume of 878,142. The stock has a market cap of $61.35 billion, a P/E ratio of 45.46, a PEG ratio of 3.22 and a beta of 0.91. 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, Inc. has a twelve month low of $269.64 and a twelve month high of $369.59. The company has a 50 day moving average price of $348.96 and a 200-day moving average price of $329.38.

Motorola Solutions Dividend Announcement

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

Insider Activity at Motorola Solutions

In related news, 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 value of $1,585,919.20. Following the completion of the transaction, the senior vice president now owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, 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 value of $1,585,919.20. Following the completion of the transaction, the senior vice president now owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Katherine A. Maher sold 2,615 shares of Motorola Solutions stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $354.68, for a total value of $927,488.20. Following the completion of the sale, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at approximately $403,625.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,169 shares of company stock valued at $2,803,460. 1.50% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price target 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. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. Barclays increased their price target 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 raised their target price on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a report on Monday, May 6th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $357.43.

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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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