Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Norris Perne & French LLP MI

Norris Perne & French LLP MI lowered its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 7.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,082 shares of the communications equipment provider’s stock after selling 3,559 shares during the quarter. Motorola Solutions accounts for 1.5% of Norris Perne & French LLP MI’s holdings, making the stock its 26th biggest position. Norris Perne & French LLP MI’s holdings in Motorola Solutions were worth $21,300,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cibc World Market Inc. boosted its stake in shares of Motorola Solutions by 12.7% in the fourth quarter. Cibc World Market Inc. now owns 25,420 shares of the communications equipment provider’s stock worth $11,750,000 after buying an additional 2,855 shares during the last quarter. Mediolanum International Funds Ltd increased its holdings in shares of Motorola Solutions by 359.7% during the 4th quarter. Mediolanum International Funds Ltd now owns 37,059 shares of the communications equipment provider’s stock valued at $17,138,000 after purchasing an additional 28,998 shares in the last quarter. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $26,000. First Affirmative Financial Network increased its holdings in Motorola Solutions by 18.8% in the fourth quarter. First Affirmative Financial Network now owns 646 shares of the communications equipment provider’s stock valued at $298,000 after buying an additional 102 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions during the 4th quarter valued at about $25,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 2.0 %

Shares of NYSE:MSI opened at $472.62 on Friday. The firm has a 50 day simple moving average of $473.48 and a 200-day simple moving average of $452.48. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The company has a market capitalization of $78.98 billion, a PE ratio of 51.77, a P/E/G ratio of 3.41 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, equities analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.92%. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of recent analyst reports. 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 research report on Tuesday, November 26th. Morgan Stanley upped their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Raymond James boosted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Bank of America raised their price target 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. Finally, Barclays boosted their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

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.