Shelton Capital Management Sells 4,600 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Shelton Capital Management decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 81.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,074 shares of the communications equipment provider’s stock after selling 4,600 shares during the quarter. Shelton Capital Management’s holdings in Motorola Solutions were worth $315,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. American Century Companies Inc. increased its position in shares of Motorola Solutions by 11.6% in the first quarter. American Century Companies Inc. now owns 3,918 shares of the communications equipment provider’s stock worth $949,000 after purchasing an additional 406 shares during the period. Cibc World Market Inc. lifted its holdings in shares of Motorola Solutions by 3.1% during the 1st quarter. Cibc World Market Inc. now owns 11,087 shares of the communications equipment provider’s stock worth $2,685,000 after acquiring an additional 329 shares during the period. Moors & Cabot Inc. increased its stake in Motorola Solutions by 8.8% in the first quarter. Moors & Cabot Inc. now owns 2,870 shares of the communications equipment provider’s stock valued at $695,000 after acquiring an additional 231 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in Motorola Solutions during the first quarter valued at approximately $225,000. Finally, Baird Financial Group Inc. boosted its holdings in shares of Motorola Solutions by 7.3% in the 1st quarter. Baird Financial Group Inc. now owns 55,177 shares of the communications equipment provider’s stock valued at $13,362,000 after purchasing an additional 3,741 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Jason J. Winkler sold 5,656 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $305.29, for a total transaction of $1,726,720.24. Following the completion of the sale, the chief financial officer now owns 6,732 shares in the company, valued at $2,055,212.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Motorola Solutions news, SVP Cynthia Yazdi sold 5,850 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $306.00, for a total transaction of $1,790,100.00. Following the transaction, the senior vice president now owns 3,780 shares of the company’s stock, valued at approximately $1,156,680. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jason J. Winkler sold 5,656 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $305.29, for a total value of $1,726,720.24. Following the completion of the transaction, the chief financial officer now directly owns 6,732 shares of the company’s stock, valued at $2,055,212.28. The disclosure for this sale can be found here. In the last ninety days, insiders sold 76,506 shares of company stock valued at $23,359,370. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MSI shares. Bank of America assumed coverage on Motorola Solutions in a research report on Monday, October 9th. They issued a “buy” rating and a $330.00 target price on the stock. Morgan Stanley increased their price target on Motorola Solutions from $290.00 to $300.00 and gave the company an “equal weight” rating in a research note on Friday, August 4th. Barclays cut their price target on Motorola Solutions from $329.00 to $322.00 and set an “overweight” rating on the stock in a research note on Friday, August 4th. StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Saturday, November 11th. Finally, Raymond James upped their price target on shares of Motorola Solutions from $315.00 to $320.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $312.57.

Motorola Solutions Stock Performance

NYSE:MSI opened at $319.43 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 0.95 and a debt-to-equity ratio of 12.51. The firm has a market capitalization of $53.03 billion, a P/E ratio of 32.30, a P/E/G ratio of 3.02 and a beta of 0.91. The company has a fifty day moving average of $287.72 and a 200-day moving average of $286.38. Motorola Solutions, Inc. has a twelve month low of $251.00 and a twelve month high of $320.13.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.03 by $0.16. Motorola Solutions had a return on equity of 668.00% and a net margin of 17.30%. The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.53 billion. During the same quarter in the prior year, the company earned $2.79 earnings per share. The company’s quarterly revenue was up 7.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 10.61 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be given a $0.98 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $3.92 annualized dividend and a yield of 1.23%. Motorola Solutions’s dividend payout ratio (DPR) is presently 35.59%.

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.