Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Hartford Investment Management Co.

Hartford Investment Management Co. lowered its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,334 shares of the communications equipment provider’s stock after selling 160 shares during the period. Hartford Investment Management Co.’s holdings in Motorola Solutions were worth $4,777,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MSI. International Assets Investment Management LLC raised its position in Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after acquiring an additional 965,972 shares during the last quarter. Mizuho Securities USA LLC raised its position in Motorola Solutions by 4,447.9% during the third 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. raised its position in Motorola Solutions by 477.9% during the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after acquiring an additional 257,727 shares during the last quarter. State Street Corp raised its position in Motorola Solutions by 2.7% during 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 raised its position in 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 acquiring an additional 165,353 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $474.54 on Wednesday. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The company has a 50 day moving average price of $470.08 and a 200 day moving average price of $457.58. The firm has a market capitalization of $79.30 billion, a price-to-earnings ratio of 51.98, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a dividend of $1.09 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.92%. Motorola Solutions’s dividend payout ratio is 47.75%.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSI. Morgan Stanley boosted their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Barclays boosted their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Bank of America boosted their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average price target of $504.88.

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.