Holistic Financial Partners Decreases Position in Motorola Solutions, Inc. (NYSE:MSI)

Holistic Financial Partners lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 38.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 602 shares of the communications equipment provider’s stock after selling 382 shares during the quarter. Holistic Financial Partners’ holdings in Motorola Solutions were worth $271,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. MFA Wealth Advisors LLC acquired a new stake in Motorola Solutions in the second quarter valued at approximately $25,000. Beacon Capital Management LLC grew its holdings in Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares in the last quarter. LRI Investments LLC increased its stake in Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 61 shares during the period. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions during the 3rd quarter worth $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions in the 3rd quarter worth $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Shares of MSI opened at $489.00 on Monday. The stock has a market capitalization of $81.72 billion, a PE ratio of 53.56, a price-to-earnings-growth ratio of 4.09 and a beta of 0.97. The business’s fifty day moving average price is $460.37 and its 200 day moving average price is $415.28. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a 12-month low of $307.09 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Equities research analysts forecast that Motorola Solutions, Inc. will post 12.48 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.89%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 42.94%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on MSI shares. Evercore ISI lifted their target price on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Barclays raised their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $493.43.

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.