Motorola Solutions, Inc. (NYSE:MSI) is North Growth Management Ltd.’s 5th Largest Position

North Growth Management Ltd. decreased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 12.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 50,000 shares of the communications equipment provider’s stock after selling 7,000 shares during the quarter. Motorola Solutions makes up approximately 4.4% of North Growth Management Ltd.’s portfolio, making the stock its 5th largest holding. North Growth Management Ltd.’s holdings in Motorola Solutions were worth $23,189,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at about $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions during the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new stake in Motorola Solutions during the 3rd quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Motorola Solutions during the 3rd quarter worth approximately $31,000. Finally, Planning Capital Management Corp purchased a new position in shares of Motorola Solutions in the 3rd quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.6 %

Shares of MSI stock opened at $479.40 on Friday. The stock has a market cap of $80.12 billion, a P/E ratio of 52.51, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The business has a fifty day simple moving average of $470.40 and a 200-day simple moving average of $456.03.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. On average, analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.91%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MSI shares. Raymond James increased their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Barclays lifted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley lifted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Finally, Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $504.88.

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.