BOK Financial Private Wealth Inc. Sells 1,506 Shares of Motorola Solutions, Inc. (NYSE:MSI)

BOK Financial Private Wealth Inc. cut its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 34.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,887 shares of the communications equipment provider’s stock after selling 1,506 shares during the period. BOK Financial Private Wealth Inc.’s holdings in Motorola Solutions were worth $1,338,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of MSI. Raymond James Financial Inc. bought a new position in shares of Motorola Solutions during the 4th quarter valued at about $1,528,949,000. Mizuho Securities USA LLC increased its position in shares of Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after purchasing an additional 572,040 shares during the last quarter. Proficio Capital Partners LLC increased its position in shares of Motorola Solutions by 56,562.5% during the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after purchasing an additional 315,053 shares during the last quarter. State Street Corp increased its position in shares of Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares during the last quarter. Finally, Barclays PLC increased its position in shares of Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after purchasing an additional 165,353 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on MSI shares. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Trading Down 0.1 %

NYSE MSI opened at $422.99 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $329.70 and a fifty-two week high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a 50 day simple moving average of $454.75 and a two-hundred day simple moving average of $460.73. The stock has a market cap of $70.61 billion, a P/E ratio of 45.88, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. On average, analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is presently 47.29%.

Motorola Solutions Company 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.