KBC Group NV Sells 371 Shares of Motorola Solutions, Inc. (NYSE:MSI)

KBC Group NV reduced its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,737 shares of the communications equipment provider’s stock after selling 371 shares during the quarter. KBC Group NV’s holdings in Motorola Solutions were worth $24,377,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. International Assets Investment Management LLC increased its stake in shares of Motorola Solutions by 59,189.5% in the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after buying an additional 965,972 shares in the last quarter. Mizuho Securities USA LLC grew its holdings in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after acquiring an additional 572,040 shares during the last quarter. Assenagon Asset Management S.A. increased its position in Motorola Solutions by 477.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock valued at $140,131,000 after acquiring an additional 257,727 shares in the last quarter. State Street Corp raised its stake in shares of Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after purchasing an additional 165,353 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on MSI. 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. Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Barclays lifted their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Finally, Raymond James raised their target price 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. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Trading Down 0.6 %

Shares of NYSE MSI opened at $465.59 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The company’s fifty day moving average is $474.49 and its 200-day moving average is $451.87. The stock has a market cap of $77.81 billion, a price-to-earnings ratio of 51.00, a P/E/G ratio of 3.47 and a beta of 1.01.

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

Motorola Solutions Increases Dividend

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

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.