Baron Wealth Management LLC Sells 585 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Baron Wealth Management LLC lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 45.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 700 shares of the communications equipment provider’s stock after selling 585 shares during the quarter. Baron Wealth Management LLC’s holdings in Motorola Solutions were worth $324,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. FSA Wealth Management LLC bought a new position in shares of Motorola Solutions in the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions during the third quarter valued at about $31,000. Planning Capital Management Corp bought a new stake in Motorola Solutions during the third quarter worth about $32,000. MidAtlantic Capital Management Inc. bought a new position in shares of Motorola Solutions during the 3rd quarter valued at about $33,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of Motorola Solutions during the 2nd quarter valued at about $32,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Down 0.3 %

Motorola Solutions stock opened at $463.87 on Thursday. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The business’s fifty day moving average is $474.05 and its 200 day moving average is $452.40. The stock has a market capitalization of $77.52 billion, a PE ratio of 50.81, a price-to-earnings-growth ratio of 3.47 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 251.96% and a net margin of 14.65%. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio is 47.75%.

Wall Street Analyst Weigh In

MSI has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Barclays lifted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Morgan Stanley raised their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Raymond James boosted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.