Motorola Solutions, Inc. (NYSE:MSI) Stock Position Lowered by Freedom Investment Management Inc.

Freedom Investment Management Inc. decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 10.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 663 shares of the communications equipment provider’s stock after selling 81 shares during the period. Freedom Investment Management Inc.’s holdings in Motorola Solutions were worth $298,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MSI. Fidelis Capital Partners LLC lifted its holdings in Motorola Solutions by 1.0% in the 3rd quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after acquiring an additional 22 shares during the last quarter. Omnia Family Wealth LLC lifted its stake in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after purchasing an additional 25 shares during the last quarter. Harbour Investments Inc. boosted its holdings in Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after buying an additional 26 shares in the last quarter. Harvest Fund Management Co. Ltd grew its position in Motorola Solutions by 0.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after buying an additional 26 shares during the last quarter. Finally, Hancock Whitney Corp grew its position in Motorola Solutions by 0.4% in the third quarter. Hancock Whitney Corp now owns 5,812 shares of the communications equipment provider’s stock worth $2,613,000 after buying an additional 26 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.2 %

Motorola Solutions stock opened at $499.70 on Friday. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The firm has a market cap of $83.51 billion, a PE ratio of 54.73, a P/E/G ratio of 3.97 and a beta of 0.97. The firm’s 50 day moving average price is $471.53 and its two-hundred day moving average price is $424.65.

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. 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 during the quarter, compared to analyst estimates of $2.76 billion. On average, research analysts predict that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on MSI shares. Barclays increased their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Raymond James boosted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Evercore ISI raised their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Jefferies Financial Group upped their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $506.29.

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.