Oak Family Advisors LLC Cuts Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Oak Family Advisors LLC cut its stake in Motorola Solutions, Inc. (NYSE:MSI) by 72.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 524 shares of the communications equipment provider’s stock after selling 1,385 shares during the period. Oak Family Advisors LLC’s holdings in Motorola Solutions were worth $242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MSI. Algert Global LLC grew its position in shares of Motorola Solutions by 75.7% during the second quarter. Algert Global LLC now owns 1,469 shares of the communications equipment provider’s stock worth $567,000 after buying an additional 633 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Motorola Solutions in the 2nd quarter valued at $5,021,000. Centaurus Financial Inc. acquired a new position in shares of Motorola Solutions during the second quarter worth $167,000. Czech National Bank lifted its holdings in Motorola Solutions by 6.9% during the 3rd quarter. Czech National Bank now owns 33,987 shares of the communications equipment provider’s stock worth $15,282,000 after buying an additional 2,205 shares during the last quarter. Finally, Handelsbanken Fonder AB raised its holdings in Motorola Solutions by 11.5% during the third quarter. Handelsbanken Fonder AB now owns 96,422 shares of the communications equipment provider’s stock worth $43,354,000 after purchasing an additional 9,936 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Trading Down 0.8 %

Shares of MSI stock opened at $468.89 on Monday. The firm has a market capitalization of $78.36 billion, a PE ratio of 51.36, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The stock has a fifty day moving average of $472.39 and a two-hundred day moving average of $453.54.

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

Motorola Solutions Increases Dividend

The business also recently disclosed 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 represents a $4.36 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is presently 47.75%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MSI. Barclays upped their price target 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. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Morgan Stanley increased their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average target price 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.