GLOBALT Investments LLC GA Cuts Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

GLOBALT Investments LLC GA reduced its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 1.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,495 shares of the communications equipment provider’s stock after selling 276 shares during the period. GLOBALT Investments LLC GA’s holdings in Motorola Solutions were worth $7,624,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions in the 4th quarter worth $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions in the 4th quarter worth $26,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions in the 4th quarter worth $29,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions in the 3rd quarter worth $29,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions in the 4th quarter worth $30,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MSI shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Barclays lowered their target price 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. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley raised their target price 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. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Trading Up 1.0 %

Shares of MSI opened at $418.07 on Monday. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a 50-day moving average of $450.02 and a 200 day moving average of $460.41. The firm has a market capitalization of $69.79 billion, a price-to-earnings ratio of 45.34, a PEG ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 for the quarter, compared to the consensus estimate of $3 billion. On average, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. Motorola Solutions’s payout ratio is 47.29%.

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.