Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC cut its stake in Motorola Solutions, Inc. (NYSE:MSI) by 6.8% in the fourth quarter, Holdings Channel reports. The fund owned 20,017 shares of the communications equipment provider’s stock after selling 1,455 shares during the period. Mutual of America Capital Management LLC’s holdings in Motorola Solutions were worth $9,252,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter worth $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the 4th quarter worth $26,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions during the 4th quarter worth $29,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions during the 3rd quarter worth $29,000. Finally, Planning Capital Management Corp purchased a new position in shares of Motorola Solutions during the 3rd quarter worth $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

Shares of MSI opened at $441.37 on Friday. The stock has a 50-day simple moving average of $459.38 and a 200-day simple moving average of $460.65. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a market capitalization of $73.68 billion, a PE ratio of 47.87, a PEG ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a 1 year low of $328.13 and a 1 year high of $507.82.

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

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is presently 47.29%.

Analyst Upgrades and Downgrades

MSI has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Raymond James raised their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $505.88.

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.