Assetmark Inc. Sells 925 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Assetmark Inc. lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,199 shares of the communications equipment provider’s stock after selling 925 shares during the period. Assetmark Inc.’s holdings in Motorola Solutions were worth $14,883,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Tradition Wealth Management LLC lifted its holdings in shares of Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after purchasing an additional 21 shares in the last quarter. Omnia Family Wealth LLC lifted its holdings in shares of Motorola Solutions by 2.2% during the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after purchasing an additional 25 shares in the last quarter. Center for Financial Planning Inc. lifted its holdings in shares of Motorola Solutions by 0.5% during the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after purchasing an additional 25 shares in the last quarter. Harbour Investments Inc. lifted its holdings in shares of Motorola Solutions by 2.1% during the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after purchasing an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its holdings in shares of Motorola Solutions by 0.9% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after purchasing an additional 26 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.8 %

NYSE:MSI opened at $422.76 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm has a market capitalization of $70.57 billion, a price-to-earnings ratio of 45.85, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a twelve month low of $329.70 and a twelve month high of $507.82. The stock’s 50 day moving average price is $455.64 and its two-hundred day moving average price is $460.48.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is presently 47.29%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on MSI shares. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently 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.