Insight Wealth Strategies LLC Trims Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Insight Wealth Strategies LLC decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 12.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,064 shares of the communications equipment provider’s stock after selling 1,392 shares during the period. Insight Wealth Strategies LLC’s holdings in Motorola Solutions were worth $4,652,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pensionfund Sabic raised its position in Motorola Solutions by 22.9% in the fourth quarter. Pensionfund Sabic now owns 4,300 shares of the communications equipment provider’s stock valued at $1,988,000 after purchasing an additional 800 shares during the period. GAMMA Investing LLC raised its holdings in Motorola Solutions by 23.8% in the 4th quarter. GAMMA Investing LLC now owns 2,471 shares of the communications equipment provider’s stock valued at $1,142,000 after buying an additional 475 shares during the period. Versant Capital Management Inc lifted its position in Motorola Solutions by 75.3% in the fourth quarter. Versant Capital Management Inc now owns 291 shares of the communications equipment provider’s stock valued at $135,000 after buying an additional 125 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Motorola Solutions by 4.8% during the third quarter. Principal Financial Group Inc. now owns 219,717 shares of the communications equipment provider’s stock worth $98,791,000 after buying an additional 10,096 shares during the period. Finally, DGS Capital Management LLC increased its position in shares of Motorola Solutions by 12.0% during the third quarter. DGS Capital Management LLC now owns 614 shares of the communications equipment provider’s stock valued at $276,000 after acquiring an additional 66 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 1.7 %

Shares of MSI traded down $7.84 during midday trading on Monday, hitting $454.00. The company had a trading volume of 584,227 shares, compared to its average volume of 553,117. The company’s 50-day simple moving average is $478.00 and its 200-day simple moving average is $443.24. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a 1 year low of $308.61 and a 1 year high of $507.82. The firm has a market capitalization of $75.87 billion, a P/E ratio of 49.73, a P/E/G ratio of 3.70 and a beta of 1.01.

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, topping 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 company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. As a group, sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.96%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions’s dividend payout ratio is 47.75%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MSI. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays raised their price target on 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 boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Finally, Raymond James boosted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $504.88.

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.