LGT Fund Management Co Ltd. Decreases Holdings in Motorola Solutions, Inc. (NYSE:MSI)

LGT Fund Management Co Ltd. lowered its stake in Motorola Solutions, Inc. (NYSE:MSI) by 14.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,030 shares of the communications equipment provider’s stock after selling 174 shares during the period. LGT Fund Management Co Ltd.’s holdings in Motorola Solutions were worth $476,000 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 MSI. Gladstone Institutional Advisory LLC purchased a new position in shares of Motorola Solutions in the third quarter worth $243,000. Farther Finance Advisors LLC raised its holdings in shares of Motorola Solutions by 19.4% in the third quarter. Farther Finance Advisors LLC now owns 925 shares of the communications equipment provider’s stock worth $416,000 after buying an additional 150 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in shares of Motorola Solutions by 6.0% in the third quarter. Chicago Partners Investment Group LLC now owns 2,507 shares of the communications equipment provider’s stock worth $1,171,000 after buying an additional 141 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Motorola Solutions by 27.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 634,815 shares of the communications equipment provider’s stock worth $285,432,000 after buying an additional 136,552 shares during the last quarter. Finally, Donaldson Capital Management LLC raised its holdings in shares of Motorola Solutions by 5.3% in the third quarter. Donaldson Capital Management LLC now owns 11,605 shares of the communications equipment provider’s stock worth $5,218,000 after buying an additional 587 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on MSI shares. Raymond James raised their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Barclays reduced their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Morgan Stanley raised their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Down 3.1 %

MSI stock opened at $426.78 on Tuesday. The firm has a market cap of $71.25 billion, a PE ratio of 46.29, a P/E/G ratio of 3.82 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The firm’s fifty day moving average is $458.52 and its 200 day moving average is $460.98. Motorola Solutions, Inc. has a one year low of $329.66 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

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.