Strategic Investment Advisors MI Has $635,000 Stake in Motorola Solutions, Inc. (NYSE:MSI)

Strategic Investment Advisors MI reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 15.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,374 shares of the communications equipment provider’s stock after selling 242 shares during the quarter. Strategic Investment Advisors MI’s holdings in Motorola Solutions were worth $635,000 as of its most recent SEC filing.

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

Motorola Solutions Stock Up 0.7 %

Shares of Motorola Solutions stock opened at $479.49 on Monday. The business’s 50 day simple moving average is $474.94 and its 200 day simple moving average is $450.89. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The firm has a market cap of $80.13 billion, a PE ratio of 52.52, a P/E/G ratio of 3.47 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, analysts predict 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 paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.91%. 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 dividend payout ratio (DPR) is currently 47.75%.

Analyst Ratings Changes

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