MeadowBrook Investment Advisors LLC Lowers Stake in Motorola Solutions, Inc. (NYSE:MSI)

MeadowBrook Investment Advisors LLC reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 34.7% during the 4th quarter, HoldingsChannel reports. The firm owned 98 shares of the communications equipment provider’s stock after selling 52 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Motorola Solutions were worth $45,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in MSI. International Assets Investment Management LLC boosted its holdings in shares of Motorola Solutions by 59,189.5% in the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after acquiring an additional 965,972 shares in the last quarter. Mizuho Securities USA LLC lifted its stake in shares of Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after purchasing an additional 572,040 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Motorola Solutions by 477.9% in the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock valued at $140,131,000 after purchasing an additional 257,727 shares during the period. State Street Corp lifted its stake in shares of Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares during the period. Finally, Barclays PLC lifted its stake in shares of Motorola Solutions by 29.6% in the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after purchasing an additional 165,353 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. StockNews.com cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Morgan Stanley lifted their target price 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. Barclays lifted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Bank of America lifted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Price Performance

Shares of MSI stock opened at $474.54 on Wednesday. The company has a market capitalization of $79.30 billion, a PE ratio of 51.98, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. The firm has a fifty day simple moving average of $470.08 and a 200-day simple moving average of $457.58. 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.

Motorola Solutions Increases Dividend

The business also recently declared 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 was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.92%. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.