Graves Light Lenhart Wealth Inc. Sells 71 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Graves Light Lenhart Wealth Inc. cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,049 shares of the communications equipment provider’s stock after selling 71 shares during the quarter. Graves Light Lenhart Wealth Inc.’s holdings in Motorola Solutions were worth $485,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. LPL Financial LLC raised its holdings in Motorola Solutions by 18.2% during the 2nd quarter. LPL Financial LLC now owns 102,605 shares of the communications equipment provider’s stock valued at $39,610,000 after buying an additional 15,831 shares during the period. American Century Companies Inc. raised its stake in shares of Motorola Solutions by 32.9% in the second quarter. American Century Companies Inc. now owns 48,666 shares of the communications equipment provider’s stock valued at $18,788,000 after acquiring an additional 12,048 shares during the period. Meeder Asset Management Inc. bought a new stake in shares of Motorola Solutions in the 2nd quarter worth about $35,000. Parallel Advisors LLC boosted its stake in shares of Motorola Solutions by 3.5% during the 2nd quarter. Parallel Advisors LLC now owns 2,463 shares of the communications equipment provider’s stock worth $951,000 after purchasing an additional 83 shares during the period. Finally, Wealthspire Advisors LLC grew its holdings in Motorola Solutions by 6.7% during the 2nd quarter. Wealthspire Advisors LLC now owns 874 shares of the communications equipment provider’s stock valued at $337,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Morgan Stanley upped their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Barclays increased their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Finally, Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Stock Up 0.4 %

Shares of NYSE MSI opened at $457.10 on Tuesday. The stock has a market capitalization of $76.39 billion, a PE ratio of 50.07, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 12-month low of $314.08 and a 12-month high of $507.82. The stock’s fifty day simple moving average is $478.37 and its two-hundred day simple moving average is $446.26.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is 47.75%.

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.