Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by iA Global Asset Management Inc.

iA Global Asset Management Inc. trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.6% during the fourth quarter, Holdings Channel reports. The firm owned 4,508 shares of the communications equipment provider’s stock after selling 75 shares during the quarter. iA Global Asset Management Inc.’s holdings in Motorola Solutions were worth $2,084,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter worth $26,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions during the third quarter worth $29,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions during the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth $30,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

NYSE:MSI opened at $423.39 on Friday. The firm has a market capitalization of $70.68 billion, a PE ratio of 45.92, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The business’s fifty day moving average price is $446.45 and its 200 day moving average price is $459.51. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82.

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

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Barclays cut their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and a consensus 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.