Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Sentry Investment Management LLC

Sentry Investment Management LLC decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 9.7% in the 4th quarter, HoldingsChannel reports. The fund owned 874 shares of the communications equipment provider’s stock after selling 94 shares during the quarter. Sentry Investment Management LLC’s holdings in Motorola Solutions were worth $274,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MSI. Qube Research & Technologies Ltd increased 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 valued at $90,846,000 after purchasing an additional 126,517 shares in the last quarter. DekaBank Deutsche Girozentrale grew its holdings in shares of Motorola Solutions by 2.2% in the 4th 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 during the period. Sherbrooke Park Advisers LLC increased its stake in 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 valued at $1,059,000 after purchasing an additional 2,691 shares in the last quarter. Sei Investments Co. raised its holdings in Motorola Solutions by 9.8% during the third quarter. Sei Investments Co. now owns 74,767 shares of the communications equipment provider’s stock worth $20,353,000 after purchasing an additional 6,671 shares during the last quarter. Finally, Diversified Trust Co boosted its position in Motorola Solutions by 4.2% during the fourth quarter. Diversified Trust Co now owns 4,004 shares of the communications equipment provider’s stock worth $1,254,000 after purchasing an additional 162 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on MSI shares. Barclays raised their price target on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft began coverage on Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. Evercore ISI began coverage on Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their price target 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 given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $348.38.

Motorola Solutions Trading Down 1.5 %

Shares of Motorola Solutions stock opened at $338.58 on Tuesday. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $355.39. The business’s fifty day moving average is $338.23 and its two-hundred day moving average is $318.27. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The firm has a market cap of $56.24 billion, a PE ratio of 34.10, a P/E/G ratio of 3.17 and a beta of 0.90.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, beating the consensus estimate of $3.63 by $0.27. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same period in the prior year, the firm posted $3.38 earnings per share. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. Analysts anticipate that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were given a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 1.16%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 39.48%.

Insiders Place Their Bets

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 stock was sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the completion of the sale, the senior vice president now directly owns 8,858 shares in the company, valued at $2,961,229.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.26% of the stock is currently owned by insiders.

About Motorola Solutions

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.