Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Kentucky Retirement Systems Insurance Trust Fund

Kentucky Retirement Systems Insurance Trust Fund lessened its holdings in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,913 shares of the communications equipment provider’s stock after selling 34 shares during the period. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Motorola Solutions were worth $1,851,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Beacon Pointe Advisors LLC lifted its position in shares of Motorola Solutions by 0.7% during the fourth quarter. Beacon Pointe Advisors LLC now owns 4,754 shares of the communications equipment provider’s stock worth $1,488,000 after purchasing an additional 32 shares in the last quarter. OmniStar Financial Group Inc. lifted its holdings in Motorola Solutions by 1.7% in the 4th quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock worth $636,000 after buying an additional 33 shares in the last quarter. Valley National Advisers Inc. boosted its position in Motorola Solutions by 21.3% in the 4th quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock valued at $58,000 after buying an additional 33 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of Motorola Solutions by 3.0% during the third quarter. Merit Financial Group LLC now owns 1,301 shares of the communications equipment provider’s stock valued at $354,000 after acquiring an additional 38 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its position in shares of Motorola Solutions by 4.8% during the fourth quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock worth $264,000 after acquiring an additional 39 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP James A. Niewiara sold 810 shares of the firm’s stock in a transaction that occurred on 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 owns 12,986 shares of the company’s stock, valued at approximately $4,650,156.74. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other Motorola Solutions 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 transaction, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP James A. Niewiara sold 810 shares of Motorola Solutions 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 directly owns 12,986 shares in the company, valued at approximately $4,650,156.74. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,169 shares of company stock valued at $2,803,460. 1.50% of the stock is currently owned by insiders.

Motorola Solutions Stock Performance

Shares of NYSE MSI traded up $1.39 during midday trading on Friday, hitting $367.80. The company’s stock had a trading volume of 423,929 shares, compared to its average volume of 878,142. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $369.59. The firm’s fifty day moving average price is $348.96 and its 200-day moving average price is $329.74. The firm has a market cap of $61.35 billion, a P/E ratio of 45.46, a P/E/G ratio of 3.22 and a beta of 0.91.

Motorola Solutions Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on MSI shares. JPMorgan Chase & Co. raised their price objective on Motorola Solutions from $400.00 to $405.00 and gave the company an “overweight” rating in a research note on Friday, May 3rd. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Evercore ISI began coverage on shares of Motorola Solutions in a research report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price for the company. Finally, 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. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $357.43.

Get Our Latest Research Report on MSI

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.

Further Reading

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

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