Northwest & Ethical Investments L.P. Sells 10,108 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Northwest & Ethical Investments L.P. lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 77.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,928 shares of the communications equipment provider’s stock after selling 10,108 shares during the period. Northwest & Ethical Investments L.P.’s holdings in Motorola Solutions were worth $1,353,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Blueshift Asset Management LLC bought a new stake in Motorola Solutions in the fourth quarter worth $381,000. Royal London Asset Management Ltd. increased its position in Motorola Solutions by 7.5% in the fourth quarter. Royal London Asset Management Ltd. now owns 82,723 shares of the communications equipment provider’s stock worth $38,237,000 after purchasing an additional 5,760 shares during the last quarter. Harvest Fund Management Co. Ltd increased its position in Motorola Solutions by 31.5% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 3,931 shares of the communications equipment provider’s stock worth $1,817,000 after purchasing an additional 942 shares during the last quarter. Xponance Inc. increased its position in Motorola Solutions by 0.9% in the fourth quarter. Xponance Inc. now owns 29,703 shares of the communications equipment provider’s stock worth $13,730,000 after purchasing an additional 278 shares during the last quarter. Finally, Generali Asset Management SPA SGR bought a new stake in Motorola Solutions in the fourth quarter worth $5,577,000. Institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Barclays dropped their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft lifted their price objective 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. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Up 0.3 %

Shares of MSI opened at $423.39 on Friday. The firm has a market capitalization of $70.68 billion, a P/E ratio of 45.92, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a fifty day moving average price of $446.45 and a 200-day moving average price of $459.51.

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

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid 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 dividend payout ratio is currently 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.