Sentry Investment Management LLC Sells 113 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Sentry Investment Management LLC reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 14.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 697 shares of the communications equipment provider’s stock after selling 113 shares during the period. Sentry Investment Management LLC’s holdings in Motorola Solutions were worth $322,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the 4th quarter worth $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions during the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at about $31,000. Finally, Planning Capital Management Corp bought a new stake in shares of Motorola Solutions in the third quarter valued at about $32,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of MSI opened at $425.77 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The company’s fifty day simple moving average is $461.37 and its 200 day simple moving average is $460.57. Motorola Solutions, Inc. has a 1-year low of $326.22 and a 1-year high of $507.82. The company has a market cap of $71.08 billion, a price-to-earnings ratio of 46.18, a PEG ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.02%. Motorola Solutions’s dividend payout ratio is 47.29%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. 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 research report on Friday, November 8th. Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.