Heritage Wealth Advisors decreased its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 34.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 212 shares of the communications equipment provider’s stock after selling 109 shares during the period. Heritage Wealth Advisors’ holdings in Motorola Solutions were worth $98,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions in the fourth quarter valued at $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC bought a new stake in Motorola Solutions in the third quarter valued at about $29,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions during the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Analyst Upgrades and Downgrades
MSI has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research 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 stock. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.
Motorola Solutions Price Performance
Shares of MSI stock opened at $429.18 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The firm has a fifty day moving average of $445.27 and a 200-day moving average of $459.73. The firm has a market capitalization of $71.65 billion, a price-to-earnings ratio of 46.55, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03.
Motorola Solutions (NYSE:MSI – Get Free Report) 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 business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.
Motorola Solutions Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.
Motorola Solutions 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.
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