Motorola Solutions, Inc. (NYSE:MSI) Position Lessened by Empower Advisory Group LLC

Empower Advisory Group LLC reduced its position in Motorola Solutions, Inc. (NYSE:MSI) by 25.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 825 shares of the communications equipment provider’s stock after selling 278 shares during the quarter. Empower Advisory Group LLC’s holdings in Motorola Solutions were worth $371,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. M&G Plc bought a new position in shares of Motorola Solutions during the 1st quarter valued at $68,131,000. First Foundation Advisors lifted its position in shares of Motorola Solutions by 37.7% in the first quarter. First Foundation Advisors now owns 354 shares of the communications equipment provider’s stock worth $126,000 after buying an additional 97 shares during the last quarter. TIAA Trust National Association boosted its stake in shares of Motorola Solutions by 1.3% during the 1st quarter. TIAA Trust National Association now owns 3,774 shares of the communications equipment provider’s stock worth $1,340,000 after acquiring an additional 50 shares in the last quarter. Edgestream Partners L.P. increased its holdings in shares of Motorola Solutions by 90.6% during the 1st quarter. Edgestream Partners L.P. now owns 7,546 shares of the communications equipment provider’s stock valued at $2,679,000 after acquiring an additional 3,586 shares during the last quarter. Finally, Catalytic Wealth RIA LLC raised its stake in shares of Motorola Solutions by 40.2% in the 1st quarter. Catalytic Wealth RIA LLC now owns 1,713 shares of the communications equipment provider’s stock valued at $608,000 after acquiring an additional 491 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Trading Down 0.6 %

Motorola Solutions stock opened at $493.70 on Friday. Motorola Solutions, Inc. has a 12 month low of $307.09 and a 12 month high of $507.82. The stock has a market cap of $82.51 billion, a price-to-earnings ratio of 54.07, a price-to-earnings-growth ratio of 4.16 and a beta of 0.97. The business has a 50 day moving average price of $458.10 and a two-hundred day moving average price of $412.66. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating 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 business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be given a dividend of $1.09 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.88%. Motorola Solutions’s payout ratio is 42.94%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Barclays increased 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. Bank of America raised their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Raymond James boosted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Jefferies Financial Group raised their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Finally, JPMorgan Chase & Co. increased their target price on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $493.43.

Motorola Solutions 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.