Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 38.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 583 shares of the communications equipment provider’s stock after selling 367 shares during the period. Pinnacle Wealth Planning Services Inc.’s holdings in Motorola Solutions were worth $269,000 as of its most recent SEC filing.

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

Motorola Solutions Stock Down 0.1 %

MSI opened at $422.99 on Friday. The business has a 50 day moving average price of $454.75 and a two-hundred day moving average price of $460.49. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The company has a market cap of $70.61 billion, a PE ratio of 45.88, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 52 week low of $329.70 and a 52 week high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data 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 company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

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

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Raymond James boosted their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $505.88.

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.