Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Heritage Wealth Advisors

Heritage Wealth Advisors lowered its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 34.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 212 shares of the communications equipment provider’s stock after selling 109 shares during the period. Heritage Wealth Advisors’ holdings in Motorola Solutions were worth $98,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions in the fourth quarter worth $25,000. Crews Bank & Trust bought a new position in Motorola Solutions during the 4th quarter valued at $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter valued at $29,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions during the fourth quarter worth about $29,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Motorola Solutions during the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

MSI has been the topic of a number of recent research reports. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. 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. Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $429.18 on Wednesday. The firm has a market cap of $71.65 billion, a P/E ratio of 46.55, a PEG ratio of 3.82 and a beta of 1.03. 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 fifty-two week low of $332.98 and a fifty-two week high of $507.82. The stock’s 50-day moving average is $445.27 and its two-hundred day moving average is $459.73.

Motorola Solutions (NYSE:MSI) last posted its earnings results 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). 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 analyst estimates of $3 billion. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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

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.