Shaker Investments LLC OH Sells 55 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Shaker Investments LLC OH decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,873 shares of the communications equipment provider’s stock after selling 55 shares during the period. Motorola Solutions makes up 1.3% of Shaker Investments LLC OH’s investment portfolio, making the stock its 26th largest holding. Shaker Investments LLC OH’s holdings in Motorola Solutions were worth $3,177,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. CWM LLC grew its stake in shares of Motorola Solutions by 1.7% in the 3rd quarter. CWM LLC now owns 7,496 shares of the communications equipment provider’s stock worth $3,371,000 after buying an additional 126 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in Motorola Solutions by 22.5% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,631 shares of the communications equipment provider’s stock worth $734,000 after acquiring an additional 300 shares in the last quarter. Ritholtz Wealth Management grew its stake in shares of Motorola Solutions by 12.7% in the third quarter. Ritholtz Wealth Management now owns 4,529 shares of the communications equipment provider’s stock worth $2,036,000 after acquiring an additional 512 shares during the last quarter. Annex Advisory Services LLC bought a new position in shares of Motorola Solutions during the third quarter valued at $219,000. Finally, Exchange Traded Concepts LLC raised its position in shares of Motorola Solutions by 2.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 6,538 shares of the communications equipment provider’s stock worth $2,940,000 after purchasing an additional 137 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Trading Up 0.3 %

Shares of MSI stock opened at $480.65 on Tuesday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company has a market cap of $80.33 billion, a price-to-earnings ratio of 52.65, a PEG ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The firm has a fifty day moving average price of $470.40 and a 200-day moving average price of $456.91.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a dividend of $1.09 per share. The ex-dividend date of this dividend was 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 0.91%. Motorola Solutions’s payout ratio is 47.75%.

Analysts Set New Price Targets

Several brokerages have issued reports on MSI. Morgan Stanley lifted their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. 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. Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday. Finally, Barclays lifted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $504.88.

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.