Marquette Asset Management LLC Sells 98 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Marquette Asset Management LLC lessened its stake in Motorola Solutions, Inc. (NYSE:MSI) by 22.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 342 shares of the communications equipment provider’s stock after selling 98 shares during the period. Marquette Asset Management LLC’s holdings in Motorola Solutions were worth $107,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of MSI. Northwest Capital Management Inc increased its position in Motorola Solutions by 71.4% in the fourth quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $36,000. Bruce G. Allen Investments LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $38,000. BOK Financial Private Wealth Inc. boosted its position in shares of Motorola Solutions by 73.2% in the 4th 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 last quarter. Finally, Valley National Advisers Inc. grew its stake in shares of Motorola Solutions by 21.3% during the fourth quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock worth $58,000 after purchasing an additional 33 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Insider Activity

In other news, SVP Cynthia Yazdi sold 4,744 shares of the company’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 transaction of $1,585,919.20. Following the sale, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MSI shares. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Evercore ISI assumed coverage on shares of Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective for the company. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 target price on the stock. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Finally, JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $348.38.

Motorola Solutions Stock Down 0.7 %

Shares of MSI stock traded down $2.54 on Friday, hitting $346.48. 595,466 shares of the stock were exchanged, compared to its average volume of 604,473. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. The firm has a market capitalization of $57.56 billion, a P/E ratio of 34.89, a price-to-earnings-growth ratio of 3.20 and a beta of 0.90. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $355.39. The business has a 50-day moving average of $341.73 and a 200 day moving average of $322.19.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping the consensus estimate of $3.63 by $0.27. The company had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The business’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the business earned $3.38 EPS. Equities analysts anticipate that Motorola Solutions, Inc. will post 11.74 EPS for the current 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 dividend of $0.98 per share. The ex-dividend date was Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.13%. Motorola Solutions’s dividend payout ratio is 39.48%.

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.