PFG Advisors Sells 719 Shares of Motorola Solutions, Inc. (NYSE:MSI)

PFG Advisors cut its stake in Motorola Solutions, Inc. (NYSE:MSI) by 45.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 848 shares of the communications equipment provider’s stock after selling 719 shares during the period. PFG Advisors’ holdings in Motorola Solutions were worth $392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of MSI. HighTower Advisors LLC lifted its holdings in shares of Motorola Solutions by 18.5% during the 4th quarter. HighTower Advisors LLC now owns 39,619 shares of the communications equipment provider’s stock worth $18,313,000 after acquiring an additional 6,177 shares during the period. AGF Management Ltd. lifted its holdings in shares of Motorola Solutions by 17.8% during the 4th quarter. AGF Management Ltd. now owns 180,622 shares of the communications equipment provider’s stock worth $83,489,000 after acquiring an additional 27,254 shares during the period. Endowment Wealth Management Inc. bought a new position in shares of Motorola Solutions during the 4th quarter worth about $253,000. GC Wealth Management RIA LLC lifted its holdings in shares of Motorola Solutions by 54.8% during the 4th quarter. GC Wealth Management RIA LLC now owns 2,327 shares of the communications equipment provider’s stock worth $1,076,000 after acquiring an additional 824 shares during the period. Finally, Donaldson Capital Management LLC lifted its holdings in shares of Motorola Solutions by 9.0% during the 4th quarter. Donaldson Capital Management LLC now owns 12,651 shares of the communications equipment provider’s stock worth $5,848,000 after acquiring an additional 1,046 shares during the period. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Trading Up 1.0 %

MSI opened at $418.07 on Friday. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The firm has a 50-day moving average price of $450.02 and a two-hundred day moving average price of $460.23. 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 $69.79 billion, a PE ratio of 45.34, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. 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 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. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is 47.29%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MSI shares. Morgan Stanley raised their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock 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 for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted 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. 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 issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.