Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by True Vision MN LLC

True Vision MN LLC cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,053 shares of the communications equipment provider’s stock after selling 31 shares during the period. True Vision MN LLC’s holdings in Motorola Solutions were worth $488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Synergy Asset Management LLC purchased a new stake in Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions in the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Motorola Solutions in the third quarter worth about $31,000. Finally, Planning Capital Management Corp acquired a new position in shares of Motorola Solutions during the 3rd quarter worth approximately $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Up 0.3 %

Shares of NYSE MSI opened at $480.65 on Tuesday. 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 $80.33 billion, a PE ratio of 52.65, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. The business has a 50-day moving average price of $470.40 and a 200 day moving average price of $456.91. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a dividend of $1.09 per share. This is an increase 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 was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analysts Set New Price Targets

A number of analysts have issued reports on MSI shares. Raymond James raised their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays boosted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Morgan Stanley increased their target price 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. StockNews.com downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average 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.