Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by LGT Group Foundation

LGT Group Foundation reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,929 shares of the communications equipment provider’s stock after selling 796 shares during the period. LGT Group Foundation’s holdings in Motorola Solutions were worth $3,203,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions during the fourth quarter worth $26,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions during the fourth quarter worth $29,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions during the third quarter worth $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the fourth quarter valued at $30,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSI has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley upped their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Raymond James upped their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have assigned 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 Down 3.1 %

MSI stock opened at $426.78 on Tuesday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 1-year low of $329.66 and a 1-year high of $507.82. The firm has a fifty day moving average price of $458.52 and a two-hundred day moving average price of $460.98. The firm has a market cap of $71.25 billion, a price-to-earnings ratio of 46.29, a PEG ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last released its earnings results 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). 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. Research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.