Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 10.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 663 shares of the communications equipment provider’s stock after selling 81 shares during the period. Freedom Investment Management Inc.’s holdings in Motorola Solutions were worth $298,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSI. MFA Wealth Advisors LLC purchased a new position in shares of Motorola Solutions in the 2nd quarter valued at $25,000. Beacon Capital Management LLC raised its position in Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares during the period. LRI Investments LLC lifted its stake in shares of Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Motorola Solutions in the second quarter worth about $29,000. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $31,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Jefferies Financial Group boosted their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Bank of America boosted 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 target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Evercore ISI raised their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Finally, 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. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $506.29.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $499.70 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 firm’s 50-day moving average price is $471.53 and its two-hundred day moving average price is $424.65. Motorola Solutions, Inc. has a 52-week low of $307.09 and a 52-week high of $507.82. The stock has a market capitalization of $83.51 billion, a P/E ratio of 54.73, a P/E/G ratio of 3.97 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last issued 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. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, sell-side analysts forecast that Motorola Solutions, Inc. will post 12.48 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a $1.09 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.87%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is presently 47.75%.

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.