Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,285 shares of the communications equipment provider’s stock after selling 83 shares during the period. Harbour Capital Advisors LLC’s holdings in Motorola Solutions were worth $2,441,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. World Investment Advisors LLC grew its stake in Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Versor Investments LP acquired a new position in Motorola Solutions during the 3rd quarter worth approximately $449,000. Skandinaviska Enskilda Banken AB publ increased its position in shares of Motorola Solutions by 32.9% in the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 358,011 shares of the communications equipment provider’s stock valued at $138,210,000 after purchasing an additional 88,603 shares during the last quarter. Groupama Asset Managment raised its holdings in shares of Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after purchasing an additional 46,731 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of Motorola Solutions in the 2nd quarter valued at $19,694,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

NYSE:MSI traded up $1.82 during midday trading on Monday, reaching $457.08. The stock had a trading volume of 496,497 shares, compared to its average volume of 700,544. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock has a market cap of $76.39 billion, a P/E ratio of 50.06, a P/E/G ratio of 3.70 and a beta of 1.01. The firm has a fifty day simple moving average of $478.39 and a two-hundred day simple moving average of $445.76. Motorola Solutions, Inc. has a 12-month low of $314.08 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, equities 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 paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.95%. Motorola Solutions’s payout ratio is 47.75%.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of research analyst reports. Morgan Stanley upped their price target on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays boosted their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

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.