Net Worth Advisory Group Trims Stake in Motorola Solutions, Inc. (NYSE:MSI)

Net Worth Advisory Group reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,621 shares of the communications equipment provider’s stock after selling 29 shares during the period. Net Worth Advisory Group’s holdings in Motorola Solutions were worth $749,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vista Investment Partners II LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter worth $1,160,000. Independent Advisor Alliance purchased a new stake in shares of Motorola Solutions in the fourth quarter worth $855,000. Johnson Investment Counsel Inc. increased its stake in shares of Motorola Solutions by 0.4% in the fourth quarter. Johnson Investment Counsel Inc. now owns 38,332 shares of the communications equipment provider’s stock worth $17,718,000 after purchasing an additional 145 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Motorola Solutions by 7.0% in the fourth quarter. Daiwa Securities Group Inc. now owns 41,205 shares of the communications equipment provider’s stock worth $19,047,000 after purchasing an additional 2,704 shares in the last quarter. Finally, Moran Wealth Management LLC increased its stake in shares of Motorola Solutions by 6.1% in the fourth quarter. Moran Wealth Management LLC now owns 64,361 shares of the communications equipment provider’s stock worth $29,750,000 after purchasing an additional 3,685 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $415.18 on Tuesday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The firm has a fifty day moving average price of $453.78 and a 200 day moving average price of $460.91. Motorola Solutions, Inc. has a fifty-two week low of $329.70 and a fifty-two week high of $507.82. The firm has a market cap of $69.31 billion, a price-to-earnings ratio of 45.03, a P/E/G ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last released 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 business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. As a group, sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.05%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MSI. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley increased their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft upped their target price 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 research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Profile

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.