Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by LGT Fund Management Co Ltd.

LGT Fund Management Co Ltd. decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 14.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,030 shares of the communications equipment provider’s stock after selling 174 shares during the quarter. LGT Fund Management Co Ltd.’s holdings in Motorola Solutions were worth $476,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at approximately $29,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions during the 4th quarter worth approximately $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Motorola Solutions during the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Down 3.1 %

NYSE MSI opened at $426.78 on Tuesday. Motorola Solutions, Inc. has a one year low of $329.66 and a one year high of $507.82. The company’s 50 day moving average price is $458.52 and its 200 day moving average price is $460.98. 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 has a market capitalization of $71.25 billion, a price-to-earnings ratio of 46.29, a PEG ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have commented on MSI shares. Deutsche Bank Aktiengesellschaft boosted their price target 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. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays cut their price target 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. Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Morgan Stanley raised their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Company 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.