Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by LGT Group Foundation

LGT Group Foundation decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 10.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,929 shares of the communications equipment provider’s stock after selling 796 shares during the period. LGT Group Foundation’s holdings in Motorola Solutions were worth $3,203,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. State Street Corp lifted its stake in shares of Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares during the period. Geode Capital Management LLC lifted its stake in shares of Motorola Solutions by 2.4% in the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after purchasing an additional 89,320 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Motorola Solutions by 8.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider’s stock valued at $595,026,000 after purchasing an additional 100,454 shares during the period. Swedbank AB raised its position in Motorola Solutions by 0.3% during the fourth quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock worth $474,708,000 after acquiring an additional 3,040 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Motorola Solutions by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock worth $404,744,000 after acquiring an additional 8,651 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on MSI shares. Barclays cut their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Morgan Stanley lifted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Raymond James lifted 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. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $426.78 on Tuesday. The company has a market cap of $71.25 billion, a PE ratio of 46.29, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a 12 month low of $329.66 and a 12 month high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a 50-day simple moving average of $458.52 and a 200-day simple moving average of $460.98.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. Motorola Solutions’s payout ratio is 47.29%.

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.