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

Shaker Investments LLC OH decreased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,873 shares of the communications equipment provider’s stock after selling 55 shares during the period. Motorola Solutions makes up approximately 1.3% of Shaker Investments LLC OH’s investment portfolio, making the stock its 26th biggest position. Shaker Investments LLC OH’s holdings in Motorola Solutions were worth $3,177,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. CWM LLC increased its stake in Motorola Solutions by 1.7% during the third quarter. CWM LLC now owns 7,496 shares of the communications equipment provider’s stock worth $3,371,000 after acquiring an additional 126 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its stake in Motorola Solutions by 22.5% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,631 shares of the communications equipment provider’s stock worth $734,000 after buying an additional 300 shares during the period. Ritholtz Wealth Management boosted its position in Motorola Solutions by 12.7% in the 3rd quarter. Ritholtz Wealth Management now owns 4,529 shares of the communications equipment provider’s stock valued at $2,036,000 after buying an additional 512 shares during the period. Annex Advisory Services LLC bought a new position in Motorola Solutions in the 3rd quarter worth about $219,000. Finally, Exchange Traded Concepts LLC raised its stake in shares of Motorola Solutions by 2.1% during the third quarter. Exchange Traded Concepts LLC now owns 6,538 shares of the communications equipment provider’s stock valued at $2,940,000 after acquiring an additional 137 shares in the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $480.65 on Tuesday. The firm has a market capitalization of $80.33 billion, a P/E ratio of 52.65, a PEG ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The company has a 50 day moving average price of $470.40 and a 200 day moving average price of $456.91.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. Motorola Solutions’s payout ratio is 47.75%.

Wall Street Analysts Forecast Growth

Several research firms have commented on MSI. Morgan Stanley raised their price objective on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Bank of America raised their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Raymond James boosted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. StockNews.com downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft lifted 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. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target 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.