GLOBALT Investments LLC GA Sells 276 Shares of Motorola Solutions, Inc. (NYSE:MSI)

GLOBALT Investments LLC GA decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,495 shares of the communications equipment provider’s stock after selling 276 shares during the period. GLOBALT Investments LLC GA’s holdings in Motorola Solutions were worth $7,624,000 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. Synergy Asset Management LLC bought a new position in Motorola Solutions during the fourth quarter valued at approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions during the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions during the third quarter valued at approximately $29,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions during the fourth quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. bought a new position in Motorola Solutions during the fourth quarter valued at approximately $30,000. Institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

MSI has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft increased their price target 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. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays decreased their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Up 1.0 %

Shares of MSI stock opened at $418.07 on Monday. The company has a market capitalization of $69.79 billion, a price-to-earnings ratio of 45.34, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company’s fifty day moving average price is $450.02 and its 200-day moving average price is $460.41. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last announced 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). The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions’s payout ratio is 47.29%.

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.