Ferguson Wellman Capital Management Inc. Lowers Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Ferguson Wellman Capital Management Inc. lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 104,540 shares of the communications equipment provider’s stock after selling 40 shares during the quarter. Ferguson Wellman Capital Management Inc. owned approximately 0.06% of Motorola Solutions worth $47,004,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC grew its stake in shares of Motorola Solutions by 59,189.5% during the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after buying an additional 965,972 shares during the period. Swedbank AB increased its position in Motorola Solutions by 215.7% during the 2nd quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock worth $395,298,000 after purchasing an additional 699,615 shares in the last quarter. Wulff Hansen & CO. raised its holdings in Motorola Solutions by 38,505.0% in the second quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock valued at $268,858,000 after buying an additional 694,630 shares during the period. National Bank of Canada FI lifted its position in Motorola Solutions by 428.2% during the second quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock valued at $193,798,000 after buying an additional 406,638 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of Motorola Solutions by 1,477.3% in the 1st quarter. Janus Henderson Group PLC now owns 358,206 shares of the communications equipment provider’s stock valued at $127,149,000 after acquiring an additional 335,496 shares during the period. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MSI. Jefferies Financial Group increased their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. upped their target price on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, Bank of America upped their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $493.43.

Motorola Solutions Stock Performance

NYSE:MSI traded down $0.78 during mid-day trading on Thursday, hitting $495.92. The stock had a trading volume of 4,127 shares, compared to its average volume of 666,268. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The company has a 50 day simple moving average of $458.10 and a 200-day simple moving average of $412.66. The stock has a market capitalization of $82.88 billion, a price-to-earnings ratio of 54.40, a P/E/G ratio of 4.16 and a beta of 0.97. Motorola Solutions, Inc. has a 52 week low of $307.09 and a 52 week high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, research analysts expect that Motorola Solutions, Inc. will post 12.26 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were given a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a yield of 0.79%. Motorola Solutions’s dividend payout ratio is presently 42.94%.

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.