Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Comprehensive Financial Consultants Institutional Inc.

Comprehensive Financial Consultants Institutional Inc. trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,525 shares of the communications equipment provider’s stock after selling 204 shares during the period. Motorola Solutions makes up 1.9% of Comprehensive Financial Consultants Institutional Inc.’s portfolio, making the stock its 6th biggest position. Comprehensive Financial Consultants Institutional Inc.’s holdings in Motorola Solutions were worth $5,182,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MSI. MFA Wealth Advisors LLC acquired a new stake in Motorola Solutions during the 2nd quarter valued at $25,000. Beacon Capital Management LLC grew its holdings in Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 28 shares in the last quarter. LRI Investments LLC grew its holdings in Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 61 shares in the last quarter. Crewe Advisors LLC acquired a new position in Motorola Solutions during the 1st quarter worth $28,000. Finally, Triad Wealth Partners LLC acquired a new position in Motorola Solutions during the 2nd quarter worth $29,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSI has been the subject of several recent analyst reports. Barclays raised their price objective on shares of Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Jefferies Financial Group raised their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Bank of America raised their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Evercore ISI raised their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $479.50.

Motorola Solutions Trading Up 0.2 %

Motorola Solutions stock opened at $470.00 on Friday. The company has a market cap of $78.41 billion, a P/E ratio of 55.04, a PEG ratio of 3.86 and a beta of 0.97. The firm’s 50-day moving average is $452.76 and its 200-day moving average is $407.52. Motorola Solutions, Inc. has a 1 year low of $305.73 and a 1 year high of $480.28. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20.

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 the consensus estimate of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. On average, equities analysts expect that Motorola Solutions, Inc. will post 12.22 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were given a $0.98 dividend. The ex-dividend date was Friday, September 13th. This represents a $3.92 annualized dividend and a yield of 0.83%. Motorola Solutions’s dividend payout ratio is presently 45.90%.

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.