Nilsine Partners LLC Sells 248 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Nilsine Partners LLC cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.7% during the 4th quarter, HoldingsChannel reports. The firm owned 2,059 shares of the communications equipment provider’s stock after selling 248 shares during the period. Nilsine Partners LLC’s holdings in Motorola Solutions were worth $952,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MSI. International Assets Investment Management LLC grew its stake in shares of Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after buying an additional 965,972 shares during the last quarter. Mizuho Securities USA LLC boosted its stake in shares of Motorola Solutions by 4,447.9% during the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after purchasing an additional 572,040 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Motorola Solutions by 477.9% during the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after purchasing an additional 257,727 shares during the last quarter. State Street Corp increased its stake in shares of Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after buying an additional 198,183 shares during the period. Finally, Barclays PLC increased its stake in shares of Motorola Solutions by 29.6% in the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after buying an additional 165,353 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $465.59 on Wednesday. The stock has a market capitalization of $77.81 billion, a price-to-earnings ratio of 51.00, a PEG ratio of 3.47 and a beta of 1.01. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock’s 50 day moving average price is $474.49 and its two-hundred day moving average price is $451.87.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $2.76 billion. On average, equities analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Barclays boosted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock 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 company an “equal weight” rating in a report on Tuesday, December 17th. Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Raymond James lifted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and a consensus target price of $504.88.

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.