GC Wealth Management RIA LLC Sells 1,675 Shares of Motorola Solutions, Inc. $MSI

GC Wealth Management RIA LLC trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 31.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,637 shares of the communications equipment provider’s stock after selling 1,675 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Motorola Solutions were worth $1,394,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSI. Orion Capital Management LLC acquired a new stake in Motorola Solutions during the 3rd quarter worth approximately $25,000. United Community Bank increased its position in Motorola Solutions by 81.3% in the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock valued at $27,000 after acquiring an additional 26 shares during the period. Strategic Advocates LLC acquired a new position in Motorola Solutions in the 3rd quarter valued at approximately $28,000. JPL Wealth Management LLC bought a new position in shares of Motorola Solutions during the third quarter valued at $31,000. Finally, Harbor Investment Advisory LLC raised its stake in shares of Motorola Solutions by 45.8% during the fourth quarter. Harbor Investment Advisory LLC now owns 86 shares of the communications equipment provider’s stock valued at $33,000 after acquiring an additional 27 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on MSI. Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Morgan Stanley reaffirmed an “overweight” rating and set a $470.00 target price on shares of Motorola Solutions in a report on Thursday, February 12th. Argus upgraded Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. increased their price target on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, Wall Street Zen downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $502.50.

Insider Transactions at Motorola Solutions

In other news, Director Kenneth D. Denman sold 434 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $470.12, for a total value of $204,032.08. Following the transaction, the director directly owned 7,153 shares of the company’s stock, valued at $3,362,768.36. The trade was a 5.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory Q. Brown sold 50,000 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $468.09, for a total value of $23,404,500.00. Following the completion of the transaction, the chief executive officer directly owned 47,167 shares in the company, valued at $22,078,401.03. This represents a 51.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 129,069 shares of company stock valued at $60,779,964. Corporate insiders own 1.28% of the company’s stock.

Motorola Solutions Trading Down 1.1%

NYSE:MSI opened at $429.88 on Thursday. The firm’s fifty day moving average is $452.73 and its 200-day moving average is $417.51. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22. The firm has a market cap of $71.45 billion, a P/E ratio of 33.69, a P/E/G ratio of 3.01 and a beta of 0.99.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, topping the consensus estimate of $4.35 by $0.24. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The company had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.34 billion. During the same period in the prior year, the company posted $4.04 earnings per share. Motorola Solutions’s revenue for the quarter was up 12.3% compared to the same quarter last year. Equities analysts expect that Motorola Solutions, Inc. will post 15.25 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 20th were issued a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, March 20th. Motorola Solutions’s dividend payout ratio (DPR) is presently 37.93%.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.