Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 20.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,656 shares of the communications equipment provider’s stock after selling 3,020 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Motorola Solutions were worth $5,388,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp boosted its holdings in Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Geode Capital Management LLC raised its position in Motorola Solutions by 2.4% in the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after acquiring an additional 89,320 shares in the last quarter. Legal & General Group Plc lifted its holdings in Motorola Solutions by 7.7% in the second quarter. Legal & General Group Plc now owns 1,530,660 shares of the communications equipment provider’s stock valued at $590,911,000 after acquiring an additional 110,072 shares during the period. International Assets Investment Management LLC boosted its position in shares of Motorola Solutions by 59,189.5% during 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Motorola Solutions by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock worth $404,744,000 after purchasing an additional 8,651 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MSI. Raymond James boosted 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. Barclays upped their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Bank of America boosted their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. 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 report on Tuesday, November 26th. Finally, Morgan Stanley increased their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Price Performance

MSI opened at $460.00 on Thursday. 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, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. The company has a 50-day moving average of $478.34 and a 200-day moving average of $446.78. The company has a market capitalization of $76.88 billion, a P/E ratio of 50.38, a PEG ratio of 3.35 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last posted 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. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Equities analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced 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 0.95%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

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.