Stephens Inc. AR Sells 95 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Stephens Inc. AR trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 1.9% during the fourth quarter, Holdings Channel reports. The firm owned 4,993 shares of the communications equipment provider’s stock after selling 95 shares during the quarter. Stephens Inc. AR’s holdings in Motorola Solutions were worth $2,308,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Exchange Traded Concepts LLC lifted its position in shares of Motorola Solutions by 2.1% in the third quarter. Exchange Traded Concepts LLC now owns 6,538 shares of the communications equipment provider’s stock valued at $2,940,000 after buying an additional 137 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in Motorola Solutions by 43.7% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 546 shares of the communications equipment provider’s stock valued at $245,000 after acquiring an additional 166 shares during the period. Creative Planning lifted its holdings in Motorola Solutions by 9.4% during the 3rd quarter. Creative Planning now owns 27,171 shares of the communications equipment provider’s stock valued at $12,217,000 after purchasing an additional 2,324 shares during the last quarter. Kapitalo Investimentos Ltda bought a new position in Motorola Solutions during the third quarter worth $245,000. Finally, nVerses Capital LLC increased its holdings in shares of Motorola Solutions by 23.8% in the third quarter. nVerses Capital LLC now owns 2,600 shares of the communications equipment provider’s stock valued at $1,169,000 after purchasing an additional 500 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Trading Down 1.5 %

Shares of NYSE:MSI opened at $474.54 on Wednesday. The business’s 50 day simple moving average is $470.08 and its 200 day simple moving average is $457.58. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company has a market capitalization of $79.30 billion, a P/E ratio of 51.98, a P/E/G ratio of 3.54 and a beta of 1.02.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MSI. Raymond James raised their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays raised their price objective 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. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday. Finally, Bank of America upped their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $504.88.

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.