Motorola Solutions, Inc. (NYSE:MSI) Stock Holdings Trimmed by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 926 shares of the communications equipment provider’s stock after selling 39 shares during the period. Gateway Investment Advisers LLC’s holdings in Motorola Solutions were worth $428,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in MSI. FSA Wealth Management LLC acquired a new position in Motorola Solutions in the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions during the 3rd quarter valued at approximately $31,000. Planning Capital Management Corp bought a new position in Motorola Solutions during the 3rd quarter worth $32,000. MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions in the third quarter worth $33,000. Finally, Strategic Investment Solutions Inc. IL bought a new stake in Motorola Solutions in the second quarter valued at $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MSI. Bank of America increased their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays lifted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Morgan Stanley increased 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. Raymond James lifted 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. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Trading Up 0.5 %

Shares of MSI stock opened at $465.23 on Friday. 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 stock has a 50-day simple moving average of $477.21 and a 200 day simple moving average of $447.53. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The stock has a market capitalization of $77.75 billion, a P/E ratio of 50.96, a P/E/G ratio of 3.35 and a beta of 1.01.

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, beating 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 company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.