MeadowBrook Investment Advisors LLC Reduces Position in Motorola Solutions, Inc. (NYSE:MSI)

MeadowBrook Investment Advisors LLC cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 34.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98 shares of the communications equipment provider’s stock after selling 52 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Motorola Solutions were worth $45,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Certuity LLC purchased a new stake in Motorola Solutions in the fourth quarter valued at $289,000. Schear Investment Advisers LLC raised its position in shares of Motorola Solutions by 9.2% in the fourth quarter. Schear Investment Advisers LLC now owns 4,378 shares of the communications equipment provider’s stock worth $2,024,000 after acquiring an additional 370 shares during the period. JSF Financial LLC raised its position in shares of Motorola Solutions by 2.9% in the fourth quarter. JSF Financial LLC now owns 2,706 shares of the communications equipment provider’s stock worth $1,251,000 after acquiring an additional 77 shares during the period. Axecap Investments LLC raised its position in shares of Motorola Solutions by 15.1% in the fourth quarter. Axecap Investments LLC now owns 9,622 shares of the communications equipment provider’s stock worth $4,448,000 after acquiring an additional 1,264 shares during the period. Finally, Stonebridge Financial Group LLC acquired a new position in shares of Motorola Solutions in the fourth quarter worth about $111,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $474.54 on Wednesday. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The company’s 50 day moving average is $470.08 and its two-hundred day moving average is $457.58. The firm has a market cap of $79.30 billion, a PE ratio of 51.98, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analysts Set New Price Targets

MSI has been the subject of a number of analyst reports. Barclays upped their price objective 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. Morgan Stanley upped their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. StockNews.com downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Raymond James upped their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Company 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.