Woodley Farra Manion Portfolio Management Inc. Has $83.94 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Woodley Farra Manion Portfolio Management Inc. decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 181,179 shares of the communications equipment provider’s stock after selling 4,897 shares during the period. Motorola Solutions comprises about 4.2% of Woodley Farra Manion Portfolio Management Inc.’s investment portfolio, making the stock its 5th biggest position. Woodley Farra Manion Portfolio Management Inc. owned 0.11% of Motorola Solutions worth $83,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Financial Advocates Investment Management lifted its stake in Motorola Solutions by 8.7% in the third quarter. Financial Advocates Investment Management now owns 1,226 shares of the communications equipment provider’s stock worth $551,000 after purchasing an additional 98 shares during the last quarter. Gladstone Institutional Advisory LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter valued at about $243,000. Cambiar Investors LLC purchased a new stake in Motorola Solutions during the 3rd quarter valued at about $225,000. Farther Finance Advisors LLC grew its position in Motorola Solutions by 19.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 925 shares of the communications equipment provider’s stock worth $416,000 after acquiring an additional 150 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in Motorola Solutions by 6.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 2,507 shares of the communications equipment provider’s stock worth $1,171,000 after purchasing an additional 141 shares during the period. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $441.37 on Monday. Motorola Solutions, Inc. has a fifty-two week low of $328.13 and a fifty-two week high of $507.82. The stock’s 50 day simple moving average is $459.38 and its two-hundred day simple moving average is $460.95. 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 stock has a market cap of $73.68 billion, a price-to-earnings ratio of 47.87, a PEG ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. As a group, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MSI. Raymond James raised their target price 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. Deutsche Bank Aktiengesellschaft raised 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. Morgan Stanley upped their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Barclays lowered their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $505.88.

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.