Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Savant Capital LLC

Savant Capital LLC decreased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,075 shares of the communications equipment provider’s stock after selling 125 shares during the period. Savant Capital LLC’s holdings in Motorola Solutions were worth $4,195,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MSI. World Investment Advisors LLC increased its holdings in 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 purchasing an additional 35,071 shares during the last quarter. Versor Investments LP acquired a new stake in shares of Motorola Solutions during the third quarter worth approximately $449,000. Groupama Asset Managment increased its stake in shares of Motorola Solutions by 8.6% in the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after buying an additional 46,731 shares during the last quarter. Los Angeles Capital Management LLC raised its holdings in Motorola Solutions by 8.5% in the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after acquiring an additional 32,157 shares in the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new position in Motorola Solutions during the 3rd quarter worth $33,423,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Down 1.5 %

NYSE:MSI opened at $474.54 on Wednesday. The firm has a market capitalization of $79.30 billion, a P/E ratio of 51.98, a P/E/G ratio of 3.54 and a beta of 1.02. The business has a 50 day simple moving average of $470.08 and a 200 day simple moving average of $457.58. 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 12-month low of $314.84 and a 12-month high of $507.82.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. Motorola Solutions’s payout ratio is 47.75%.

Wall Street Analysts Forecast Growth

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

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.