Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Raymond James Trust N.A.

Raymond James Trust N.A. cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 4.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,172 shares of the communications equipment provider’s stock after selling 1,189 shares during the period. Raymond James Trust N.A.’s holdings in Motorola Solutions were worth $10,868,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Fidelis Capital Partners LLC increased its position in shares of Motorola Solutions by 1.0% during the 3rd quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after purchasing an additional 22 shares during the last quarter. Omnia Family Wealth LLC lifted its stake in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after purchasing an additional 25 shares in the last quarter. Harbour Investments Inc. boosted its position in shares of Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after buying an additional 26 shares during the period. Trust Co. of Vermont boosted its holdings in Motorola Solutions by 9.8% during the 3rd quarter. Trust Co. of Vermont now owns 302 shares of the communications equipment provider’s stock valued at $136,000 after acquiring an additional 27 shares during the period. Finally, Beacon Capital Management LLC boosted its stake in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MSI has been the subject of several recent research reports. Barclays raised 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. Evercore ISI upped their price target on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Jefferies Financial Group raised their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $493.43.

Motorola Solutions Stock Up 0.5 %

Shares of NYSE:MSI opened at $494.82 on Friday. The firm has a 50 day simple moving average of $464.62 and a 200-day simple moving average of $418.38. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The company has a market capitalization of $82.69 billion, a PE ratio of 54.20, a P/E/G ratio of 4.00 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. On average, equities analysts predict that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a $1.09 dividend. The ex-dividend date is Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.88%. Motorola Solutions’s dividend payout ratio is 42.94%.

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.