Stratos Wealth Partners LTD. Has $423,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Stratos Wealth Partners LTD. cut its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,351 shares of the communications equipment provider’s stock after selling 35 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Motorola Solutions were worth $423,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new position in Motorola Solutions during the fourth quarter worth about $470,994,000. Ameriprise Financial Inc. boosted its stake in shares of Motorola Solutions by 67.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock worth $324,614,000 after acquiring an additional 482,023 shares during the period. First Trust Advisors LP increased its holdings in shares of Motorola Solutions by 216.7% during the 1st quarter. First Trust Advisors LP now owns 435,149 shares of the communications equipment provider’s stock worth $105,393,000 after acquiring an additional 297,740 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new position in shares of Motorola Solutions during the 3rd quarter worth approximately $77,388,000. Finally, Morgan Stanley raised its stake in Motorola Solutions by 19.8% in the 4th quarter. Morgan Stanley now owns 1,443,617 shares of the communications equipment provider’s stock valued at $372,035,000 after acquiring an additional 238,894 shares during the period. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 target price for the company. JPMorgan Chase & Co. upped their target price on Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday. Barclays lifted their price target on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Finally, Evercore ISI started coverage on Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 target price for the company. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $348.38.

Insiders Place Their Bets

In other news, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were 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 of the company’s stock, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.50% of the company’s stock.

Motorola Solutions Stock Performance

NYSE MSI opened at $343.81 on Friday. The firm’s fifty day moving average price is $337.97 and its two-hundred day moving average price is $317.50. The stock has a market cap of $57.11 billion, a PE ratio of 34.62, a PEG ratio of 3.22 and a beta of 0.90. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00. Motorola Solutions, Inc. has a fifty-two week low of $269.64 and a fifty-two week high of $355.39.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. Motorola Solutions’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.38 EPS. On average, equities analysts expect that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be given a dividend of $0.98 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $3.92 annualized dividend and a yield of 1.14%. Motorola Solutions’s dividend payout ratio is presently 39.48%.

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.