Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Hartford Funds Management Co LLC

Hartford Funds Management Co LLC decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 10.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,260 shares of the communications equipment provider’s stock after selling 255 shares during the period. Hartford Funds Management Co LLC’s holdings in Motorola Solutions were worth $1,044,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the 4th quarter worth $26,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions during the 4th quarter worth $29,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter worth $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions during the 4th quarter worth $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.8 %

NYSE MSI opened at $422.76 on Friday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The firm has a market cap of $70.57 billion, a PE ratio of 45.85, a P/E/G ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a one year low of $329.70 and a one year high of $507.82. The firm’s fifty day moving average is $455.64 and its two-hundred day moving average is $460.48.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on MSI shares. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft lifted their price objective 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. Raymond James boosted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Barclays reduced their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Finally, Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.