Orion Portfolio Solutions LLC Lowers Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Orion Portfolio Solutions LLC cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 32.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,595 shares of the communications equipment provider’s stock after selling 4,117 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Motorola Solutions were worth $3,973,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. 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. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions in the 4th quarter worth $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in Motorola Solutions during the fourth quarter valued at about $30,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MSI shares. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays dropped their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Finally, Morgan Stanley lifted their price objective 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 equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Up 0.2 %

NYSE MSI opened at $433.38 on Monday. The stock has a 50 day moving average price of $443.47 and a 200-day moving average price of $459.62. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. 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 company has a market capitalization of $72.35 billion, a P/E ratio of 47.00, a P/E/G ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. As a group, equities analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business 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 dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.01%. Motorola Solutions’s payout ratio is currently 47.29%.

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.