Financial Counselors Inc. Sells 41 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Financial Counselors Inc. reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 7.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 532 shares of the communications equipment provider’s stock after selling 41 shares during the quarter. Financial Counselors Inc.’s holdings in Motorola Solutions were worth $246,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MSI. Tradition Wealth Management LLC boosted its holdings in shares of Motorola Solutions by 3.3% in the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 21 shares during the last quarter. Center for Financial Planning Inc. boosted its stake in shares of Motorola Solutions by 0.5% during the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after acquiring an additional 25 shares during the last quarter. Prestige Wealth Management Group LLC grew its position in shares of Motorola Solutions by 11.9% during the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after acquiring an additional 25 shares during the period. Wesbanco Bank Inc. increased its stake in shares of Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock worth $596,000 after purchasing an additional 26 shares in the last quarter. Finally, Premier Path Wealth Partners LLC raised its holdings in Motorola Solutions by 1.6% in the 4th quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider’s stock worth $769,000 after purchasing an additional 27 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.2 %

NYSE MSI opened at $433.38 on Friday. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a market cap of $72.35 billion, a PE ratio of 47.00, a P/E/G ratio of 3.82 and a beta of 1.03. The stock’s 50 day moving average is $443.47 and its 200 day moving average is $459.45.

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

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given 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 dividend yield of 1.01%. Motorola Solutions’s payout ratio is 47.29%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MSI. Barclays reduced their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $505.88.

About Motorola Solutions

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.