Motorola Solutions, Inc. (NYSE:MSI) Stock Holdings Lessened by Burney Co.

Burney Co. cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,851 shares of the communications equipment provider’s stock after selling 658 shares during the quarter. Burney Co.’s holdings in Motorola Solutions were worth $5,940,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MSI. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions during the 3rd quarter valued at about $31,000. Strategic Investment Solutions Inc. IL acquired a new position in Motorola Solutions in the 2nd quarter valued at approximately $32,000. Planning Capital Management Corp acquired a new position in shares of Motorola Solutions in the third quarter worth $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in Motorola Solutions in the 3rd quarter worth about $33,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 0.6 %

Shares of MSI stock opened at $463.75 on Wednesday. Motorola Solutions, Inc. has a one year low of $314.08 and a one year high of $507.82. The stock has a market cap of $77.50 billion, a P/E ratio of 50.79, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The stock has a fifty day moving average price of $478.34 and a 200 day moving average price of $446.78.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is 47.75%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on MSI shares. Morgan Stanley raised their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft lifted 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. Bank of America upped their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Raymond James boosted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $504.88.

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.