Chicago Capital LLC Sells 1,000 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Chicago Capital LLC trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 26.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,847 shares of the communications equipment provider’s stock after selling 1,000 shares during the period. Chicago Capital LLC’s holdings in Motorola Solutions were worth $1,316,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. World Investment Advisors LLC raised its stake in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Versor Investments LP acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at $449,000. Groupama Asset Managment raised its stake 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 buying an additional 46,731 shares in the last quarter. Los Angeles Capital Management LLC lifted its holdings in shares of Motorola Solutions by 8.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock worth $184,088,000 after acquiring an additional 32,157 shares during the period. Finally, Oddo BHF Asset Management Sas acquired a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $33,423,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Motorola Solutions Stock Performance

Shares of NYSE:MSI opened at $473.36 on Tuesday. The business has a fifty day moving average of $472.39 and a 200-day moving average of $453.96. The firm has a market cap of $79.11 billion, a PE ratio of 51.85, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02. 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 twelve month low of $314.84 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share 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 firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. On average, equities research analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.92%. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.