Atria Investments Inc Sells 750 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Atria Investments Inc trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,858 shares of the communications equipment provider’s stock after selling 750 shares during the period. Atria Investments Inc’s holdings in Motorola Solutions were worth $5,274,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Crewe Advisors LLC bought a new position in Motorola Solutions in the first quarter worth about $28,000. Private Wealth Management Group LLC bought a new position in Motorola Solutions in the fourth quarter worth about $29,000. Rise Advisors LLC bought a new position in Motorola Solutions in the first quarter worth about $29,000. Northwest Capital Management Inc raised its stake 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 buying an additional 40 shares in the last quarter. Finally, Motco raised its stake in Motorola Solutions by 137.5% in the fourth quarter. Motco now owns 95 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 55 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $375.00 to $385.00 and gave the stock a “buy” rating in a research note on Monday, June 3rd. Barclays upped their price objective on shares of Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a report on Friday. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Bank of America upped their price objective on shares of Motorola Solutions from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $393.14.

Insider Activity

In related news, SVP Rajan Naik sold 5,274 shares of the stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the transaction, the senior vice president now owns 8,939 shares in the company, valued at $3,341,487.59. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Kenneth D. Denman sold 690 shares of the firm’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $373.11, for a total transaction of $257,445.90. Following the sale, the director now directly owns 8,141 shares in the company, valued at approximately $3,037,488.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Rajan Naik sold 5,274 shares of the firm’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $373.81, for a total transaction of $1,971,473.94. Following the sale, the senior vice president now owns 8,939 shares in the company, valued at $3,341,487.59. The disclosure for this sale can be found here. Insiders have sold a total of 9,389 shares of company stock worth $3,446,461 over the last 90 days. 1.50% of the stock is currently owned by insiders.

Motorola Solutions Stock Up 2.9 %

Shares of NYSE:MSI traded up $11.72 during trading on Friday, reaching $410.30. 1,293,684 shares of the stock traded hands, compared to its average volume of 596,837. The stock has a 50-day moving average of $384.10 and a two-hundred day moving average of $355.79. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $410.67. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.01 and a current ratio of 1.19. The stock has a market cap of $68.44 billion, a P/E ratio of 50.72, a price-to-earnings-growth ratio of 3.48 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.29. Motorola Solutions had a net margin of 14.04% and a return on equity of 378.15%. The firm had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.34 billion. As a group, sell-side analysts expect that Motorola Solutions, Inc. will post 12.09 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 14th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend was Friday, June 14th. Motorola Solutions’s payout ratio is 48.45%.

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.