Motorola Solutions, Inc. (NYSE:MSI) Stock Holdings Cut by Harrell Investment Partners LLC

Harrell Investment Partners LLC reduced its stake in Motorola Solutions, Inc. (NYSE:MSI) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,074 shares of the communications equipment provider’s stock after selling 266 shares during the period. Motorola Solutions makes up approximately 3.1% of Harrell Investment Partners LLC’s portfolio, making the stock its 7th biggest position. Harrell Investment Partners LLC’s holdings in Motorola Solutions were worth $11,128,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions during the 3rd quarter worth about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions in the 2nd quarter valued at about $32,000. Planning Capital Management Corp acquired a new stake in Motorola Solutions in the 3rd quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Motorola Solutions in the 3rd quarter valued at about $33,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSI has been the topic of a number of recent research reports. Raymond James upped their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Bank of America raised their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley boosted their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Barclays increased their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have assigned 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 an average price target of $504.88.

Motorola Solutions Price Performance

MSI stock opened at $479.49 on Friday. The stock has a market cap of $80.13 billion, a price-to-earnings ratio of 52.52, a PEG ratio of 3.47 and a beta of 1.01. 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 50 day moving average price of $474.94 and a 200 day moving average price of $450.48. 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 (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Equities research analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a $1.09 dividend. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is presently 47.75%.

Motorola Solutions 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.