Marcum Wealth LLC Cuts Stake in Motorola Solutions, Inc. (NYSE:MSI)

Marcum Wealth LLC lessened its stake in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,064 shares of the communications equipment provider’s stock after selling 88 shares during the quarter. Marcum Wealth LLC’s holdings in Motorola Solutions were worth $492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of MSI. American Century Companies Inc. raised its holdings in Motorola Solutions by 32.9% in the second quarter. American Century Companies Inc. now owns 48,666 shares of the communications equipment provider’s stock worth $18,788,000 after buying an additional 12,048 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Motorola Solutions by 3.5% during the second quarter. Parallel Advisors LLC now owns 2,463 shares of the communications equipment provider’s stock valued at $951,000 after buying an additional 83 shares during the last quarter. Wealthspire Advisors LLC increased its position in shares of Motorola Solutions by 6.7% during the second quarter. Wealthspire Advisors LLC now owns 874 shares of the communications equipment provider’s stock valued at $337,000 after acquiring an additional 55 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in Motorola Solutions by 19.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 9,265 shares of the communications equipment provider’s stock worth $3,577,000 after acquiring an additional 1,507 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Motorola Solutions by 19.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 702,664 shares of the communications equipment provider’s stock valued at $271,268,000 after acquiring an additional 112,738 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Get Our Latest Report on Motorola Solutions

Motorola Solutions Trading Up 0.8 %

Shares of NYSE:MSI opened at $460.34 on Wednesday. The stock’s 50-day simple moving average is $478.34 and its two-hundred day simple moving average is $446.78. The stock has a market capitalization of $76.93 billion, a price-to-earnings ratio of 50.42, a PEG ratio of 3.70 and a beta of 1.01. Motorola Solutions, Inc. has a 52-week low of $314.08 and a 52-week high of $507.82. 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 (NYSE:MSIGet Free Report) last posted 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 company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Analysts expect that Motorola Solutions, Inc. will post 12.57 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. Stockholders of record on Friday, December 13th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 0.95%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date is Friday, December 13th. Motorola Solutions’s dividend payout ratio is 47.75%.

Motorola Solutions Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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