Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 25.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 336 shares of the communications equipment provider’s stock after selling 115 shares during the period. Avior Wealth Management LLC’s holdings in Motorola Solutions were worth $155,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Motorola Solutions in the 3rd quarter worth about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions in the 2nd quarter worth about $32,000. Planning Capital Management Corp acquired a new stake in Motorola Solutions in the 3rd quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions in the 3rd quarter worth about $33,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSI has been the topic of several analyst reports. Morgan Stanley lifted their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report 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 report on Tuesday, November 26th. Barclays lifted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Bank of America lifted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, Raymond James boosted their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Stock Performance

NYSE MSI opened at $465.59 on Wednesday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The company has a market capitalization of $77.81 billion, a PE ratio of 51.00, a P/E/G ratio of 3.47 and a beta of 1.01. The company has a fifty day moving average of $474.49 and a two-hundred day moving average of $451.87.

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

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.94%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.