D.A. Davidson & CO. reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 15.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,051 shares of the communications equipment provider’s stock after selling 194 shares during the period. D.A. Davidson & CO.’s holdings in Motorola Solutions were worth $486,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of MSI. World Investment Advisors LLC lifted its holdings in shares of Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after acquiring an additional 35,071 shares during the period. Versor Investments LP bought a new position in shares of Motorola Solutions during the 3rd quarter worth about $449,000. Groupama Asset Managment lifted its holdings in shares of Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after acquiring an additional 46,731 shares during the period. Los Angeles Capital Management LLC lifted its holdings in shares of Motorola Solutions by 8.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock worth $184,088,000 after acquiring an additional 32,157 shares during the period. Finally, Oddo BHF Asset Management Sas bought a new position in shares of Motorola Solutions during the 3rd quarter worth about $33,423,000. 84.17% of the stock is owned by institutional investors.
Analysts Set New Price Targets
MSI has been the subject of a number of analyst reports. Barclays reduced their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Raymond James increased their target price 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. Deutsche Bank Aktiengesellschaft increased their target price 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. Finally, Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.
Motorola Solutions Trading Up 1.2 %
MSI opened at $425.77 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a market capitalization of $71.08 billion, a PE ratio of 46.18, a PEG ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a 1-year low of $326.22 and a 1-year high of $507.82. The firm has a 50-day moving average price of $461.37 and a two-hundred day moving average price of $460.57.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company 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%. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.
Motorola Solutions Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.
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.
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