Motorola Solutions, Inc. (NYSE:MSI) Stock Holdings Lowered by Avior Wealth Management LLC

Avior Wealth Management LLC reduced its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 10.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 451 shares of the communications equipment provider’s stock after selling 50 shares during the quarter. Avior Wealth Management LLC’s holdings in Motorola Solutions were worth $203,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Second Half Financial Partners LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter worth approximately $273,000. PNC Financial Services Group Inc. raised its holdings in shares of Motorola Solutions by 1.1% during the third quarter. PNC Financial Services Group Inc. now owns 424,127 shares of the communications equipment provider’s stock valued at $190,700,000 after acquiring an additional 4,745 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Motorola Solutions during the third quarter valued at approximately $6,034,000. Banque Cantonale Vaudoise raised its holdings in shares of Motorola Solutions by 452.0% during the third quarter. Banque Cantonale Vaudoise now owns 8,992 shares of the communications equipment provider’s stock valued at $4,043,000 after acquiring an additional 7,363 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its holdings in shares of Motorola Solutions by 34.4% during the third quarter. Fifth Third Wealth Advisors LLC now owns 2,162 shares of the communications equipment provider’s stock valued at $972,000 after acquiring an additional 553 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Up 1.2 %

MSI opened at $500.90 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $307.09 and a fifty-two week high of $507.82. The business has a 50-day moving average of $465.80 and a 200-day moving average of $419.86. 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 company has a market capitalization of $83.71 billion, a PE ratio of 54.86, a price-to-earnings-growth ratio of 4.06 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Equities research analysts forecast that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is 42.94%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on MSI. Raymond James boosted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Barclays lifted their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Bank of America increased their price target 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. JPMorgan Chase & Co. raised their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Jefferies Financial Group upped their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $493.43.

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.