Motorola Solutions, Inc. (NYSE:MSI) Stock Holdings Trimmed by Modern Wealth Management LLC

Modern Wealth Management LLC lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,311 shares of the communications equipment provider’s stock after selling 110 shares during the period. Modern Wealth Management LLC’s holdings in Motorola Solutions were worth $3,522,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Synergy Asset Management LLC bought a new position in Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $26,000. First Command Advisory Services Inc. bought a new position in shares of Motorola Solutions in the 4th quarter worth about $29,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions during the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.0 %

Motorola Solutions stock opened at $429.18 on Wednesday. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The stock has a market cap of $71.65 billion, a price-to-earnings ratio of 46.55, a PEG ratio of 3.82 and a beta of 1.03. The company’s 50-day moving average price is $445.27 and its two-hundred day moving average price is $459.73. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

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

Motorola Solutions Announces Dividend

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

Analyst Ratings Changes

MSI has been the subject of a number of research reports. Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Barclays dropped their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock 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 MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.