Motorola Solutions, Inc. (NYSE:MSI) Stock Position Reduced by Lmcg Investments LLC

Lmcg Investments LLC decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 3.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 29,099 shares of the communications equipment provider’s stock after selling 986 shares during the quarter. Lmcg Investments LLC’s holdings in Motorola Solutions were worth $13,450,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC increased its position in Motorola Solutions by 59,189.5% in the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after purchasing an additional 965,972 shares during the last quarter. Mizuho Securities USA LLC boosted its holdings in Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after purchasing an additional 572,040 shares in the last quarter. Assenagon Asset Management S.A. increased its position in Motorola Solutions by 477.9% during the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after buying an additional 257,727 shares during the last quarter. State Street Corp raised its holdings in Motorola Solutions by 2.7% during 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 buying an additional 198,183 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after acquiring an additional 165,353 shares in the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

MSI opened at $465.23 on Tuesday. The stock’s 50 day simple moving average is $477.21 and its 200-day simple moving average is $448.39. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The stock has a market cap of $77.75 billion, a PE ratio of 50.96, a P/E/G ratio of 3.42 and a beta of 1.01. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82.

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

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. 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. Motorola Solutions’s payout ratio is presently 47.75%.

Wall Street Analysts Forecast Growth

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

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.