Oak Harbor Wealth Partners LLC Has $7.28 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Oak Harbor Wealth Partners LLC lowered its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 12.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,749 shares of the communications equipment provider’s stock after selling 2,174 shares during the quarter. Motorola Solutions accounts for about 2.1% of Oak Harbor Wealth Partners LLC’s portfolio, making the stock its 9th largest position. Oak Harbor Wealth Partners LLC’s holdings in Motorola Solutions were worth $7,280,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of MSI. Synergy Asset Management LLC bought a new position in Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust bought a new position in Motorola Solutions during the fourth quarter valued at $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter worth about $29,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions in the 4th quarter worth about $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions in the 4th quarter worth about $30,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.1 %

NYSE MSI opened at $422.99 on Friday. 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 company has a market capitalization of $70.61 billion, a price-to-earnings ratio of 45.88, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company’s 50-day simple moving average is $454.75 and its two-hundred day simple moving average is $460.49. Motorola Solutions, Inc. has a one year low of $329.70 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $3 billion. Equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is currently 47.29%.

Analyst Upgrades and Downgrades

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