Chicago Capital LLC Has $1.32 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Chicago Capital LLC cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 26.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,847 shares of the communications equipment provider’s stock after selling 1,000 shares during the quarter. Chicago Capital LLC’s holdings in Motorola Solutions were worth $1,316,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in MSI. Tradition Wealth Management LLC grew its stake in shares of Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after purchasing an additional 21 shares during the last quarter. Fidelis Capital Partners LLC boosted its holdings in Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after buying an additional 22 shares in the last quarter. Omnia Family Wealth LLC grew its position in Motorola Solutions by 2.2% in the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after buying an additional 25 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of Motorola Solutions by 2.1% in the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after buying an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its position in shares of Motorola Solutions by 0.9% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after acquiring an additional 26 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.9 %

Motorola Solutions stock opened at $473.36 on Tuesday. Motorola Solutions, Inc. has a twelve month low of $314.84 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 $79.11 billion, a PE ratio of 51.85, a P/E/G ratio of 3.45 and a beta of 1.02. The firm’s 50 day moving average price is $472.39 and its two-hundred day moving average price is $453.96.

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, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, research analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Wall Street Analyst Weigh In

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