Strategic Investment Advisors MI Sells 242 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Strategic Investment Advisors MI reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 15.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,374 shares of the communications equipment provider’s stock after selling 242 shares during the quarter. Strategic Investment Advisors MI’s holdings in Motorola Solutions were worth $635,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSI. Public Sector Pension Investment Board boosted its stake in shares of Motorola Solutions by 72.2% during the 2nd quarter. Public Sector Pension Investment Board now owns 6,392 shares of the communications equipment provider’s stock worth $2,468,000 after acquiring an additional 2,680 shares during the period. Evergreen Capital Management LLC bought a new stake in Motorola Solutions in the 2nd quarter valued at $229,000. Squarepoint Ops LLC boosted its stake in Motorola Solutions by 172.0% in the 2nd quarter. Squarepoint Ops LLC now owns 12,242 shares of the communications equipment provider’s stock valued at $4,726,000 after purchasing an additional 7,741 shares during the period. The Manufacturers Life Insurance Company boosted its stake in Motorola Solutions by 1.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 104,917 shares of the communications equipment provider’s stock valued at $40,503,000 after purchasing an additional 1,828 shares during the period. Finally, Susquehanna Fundamental Investments LLC boosted its stake in Motorola Solutions by 310.8% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 26,293 shares of the communications equipment provider’s stock valued at $10,150,000 after purchasing an additional 19,893 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $479.49 on Monday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The stock has a market capitalization of $80.13 billion, a P/E ratio of 52.52, a price-to-earnings-growth ratio of 3.47 and a beta of 1.01. The stock has a fifty day moving average of $474.94 and a 200-day moving average of $450.89.

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

Motorola Solutions Increases Dividend

The firm 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. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is 47.75%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on MSI shares. Bank of America boosted their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note 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 research note on Friday, November 8th. Raymond James boosted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Morgan Stanley lifted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.