Lmcg Investments LLC Decreases Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Lmcg Investments LLC lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,099 shares of the communications equipment provider’s stock after selling 986 shares during the period. Lmcg Investments LLC’s holdings in Motorola Solutions were worth $13,450,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MSI. FSA Wealth Management LLC acquired a new position in Motorola Solutions in the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Motorola Solutions during the third quarter worth about $31,000. Planning Capital Management Corp acquired a new position in shares of Motorola Solutions in the third quarter worth about $32,000. MidAtlantic Capital Management Inc. purchased a new position in Motorola Solutions in the third quarter valued at about $33,000. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions during the 2nd quarter valued at approximately $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MSI has been the subject of several research analyst reports. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Bank of America increased their price objective 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. Deutsche Bank Aktiengesellschaft upped their target price 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. Barclays increased their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Finally, Morgan Stanley boosted their price target on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $465.23 on Tuesday. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The firm has a market capitalization of $77.75 billion, a price-to-earnings ratio of 50.96, a price-to-earnings-growth ratio of 3.42 and a beta of 1.01. The business has a 50 day simple moving average of $477.21 and a 200 day simple moving average of $448.39.

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

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 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.