Howe & Rusling Inc. Sells 156 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Howe & Rusling Inc. trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,060 shares of the communications equipment provider’s stock after selling 156 shares during the period. Howe & Rusling Inc.’s holdings in Motorola Solutions were worth $645,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwest Capital Management Inc grew its stake in shares of Motorola Solutions by 71.4% in the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 40 shares during the period. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $36,000. Bruce G. Allen Investments LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $38,000. BOK Financial Private Wealth Inc. grew its stake 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 valued at $39,000 after purchasing an additional 52 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Motorola Solutions in the 3rd quarter worth approximately $52,000. 84.17% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the 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 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 filing with the SEC, which is available through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Motorola Solutions Price Performance

MSI opened at $335.98 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $355.39. The company has a fifty day simple moving average of $342.82 and a 200 day simple moving average of $323.30. The stock has a market cap of $55.81 billion, a P/E ratio of 33.83, a P/E/G ratio of 3.13 and a beta of 0.91.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The business had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter in the prior year, the company earned $3.38 EPS. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. On average, research analysts expect that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 39.48%.

Analyst Upgrades and Downgrades

MSI has been the topic of several recent analyst reports. Evercore ISI initiated coverage on Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on Motorola Solutions in a report on Friday, January 19th. They issued a “buy” rating and a $350.00 target price on the stock. StockNews.com raised 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 research note on Friday, February 9th. Finally, JPMorgan Chase & Co. increased their price target on Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $348.38.

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.