Moloney Securities Asset Management LLC trimmed its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 5.7% in the 4th quarter, HoldingsChannel reports. The fund owned 2,410 shares of the communications equipment provider’s stock after selling 145 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Motorola Solutions were worth $1,114,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter worth $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions during the 4th quarter valued at $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions in the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions in the 3rd quarter worth $31,000. Finally, Planning Capital Management Corp bought a new stake in Motorola Solutions during the third quarter valued at about $32,000. Institutional investors own 84.17% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped 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. Morgan Stanley upped their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Barclays lifted their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Bank of America upped their target price 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. Finally, Raymond James lifted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $504.88.
Motorola Solutions Trading Down 0.6 %
Shares of MSI opened at $479.40 on Monday. The stock has a market capitalization of $80.12 billion, a PE ratio of 52.51, a P/E/G ratio of 3.54 and a beta of 1.02. The company’s fifty day moving average is $470.40 and its 200 day moving average is $456.45. 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 fifty-two week low of $314.84 and a fifty-two week high of $507.82.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.76 billion. Sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.
Motorola Solutions Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s payout ratio is presently 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.
Further Reading
- Five stocks we like better than Motorola Solutions
- Top Stocks Investing in 5G Technology
- 3 Volatility ETFs to Help You Profit from Market Chaos
- The Risks of Owning Bonds
- Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?
- Investing in the High PE Growth Stocks
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.