Cerity Partners LLC Sells 725 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Cerity Partners LLC lessened its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,316 shares of the communications equipment provider's stock after selling 725 shares during the quarter. Cerity Partners LLC's holdings in Motorola Solutions were worth $7,899,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the 4th quarter valued at about $26,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions in the 4th quarter worth about $29,000. SBI Securities Co. Ltd. acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. bought a new position in Motorola Solutions in the 4th quarter worth approximately $32,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Up 0.9 %

NYSE:MSI traded up $3.67 on Thursday, hitting $424.12. 152,490 shares of the company's stock traded hands, compared to its average volume of 775,519. The company has a market cap of $70.81 billion, a PE ratio of 45.98, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a 50-day moving average price of $427.53 and a 200-day moving average price of $456.76. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. Motorola Solutions's dividend payout ratio (DPR) is 47.29%.

Analyst Ratings Changes

MSI has been the topic of a number of research analyst reports. Barclays lowered their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday. JPMorgan Chase & Co. cut their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday. Finally, Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and a consensus target price of $515.25.

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.