Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. trimmed its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 14.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 21,581 shares of the communications equipment provider’s stock after selling 3,537 shares during the period. Pacer Advisors Inc.’s holdings in Motorola Solutions were worth $9,975,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in MSI. State Street Corp lifted its position in Motorola Solutions by 2.7% during the 3rd 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 period. Geode Capital Management LLC lifted its holdings in shares of Motorola Solutions by 2.4% during the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after purchasing an additional 89,320 shares during the period. International Assets Investment Management LLC grew its position in Motorola Solutions by 59,189.5% in the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after buying an additional 965,972 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Motorola Solutions by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock valued at $404,744,000 after buying an additional 8,651 shares during the last quarter. Finally, Barclays PLC increased its stake in Motorola Solutions by 29.6% in the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after buying an additional 165,353 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on MSI. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Barclays increased their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Morgan Stanley boosted 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. Bank of America upped their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price 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 research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $465.59 on Wednesday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company’s fifty day moving average price is $474.49 and its two-hundred day moving average price is $451.87. The firm has a market capitalization of $77.81 billion, a P/E ratio of 51.00, a P/E/G ratio of 3.47 and a beta of 1.01. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data 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. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, research analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is presently 47.75%.

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.