Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,082 shares of the communications equipment provider’s stock after selling 1,111 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Motorola Solutions were worth $14,829,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. World Investment Advisors LLC increased its position in Motorola Solutions by 5,403.9% in the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after acquiring an additional 35,071 shares during the period. Groupama Asset Managment increased its holdings in shares of Motorola Solutions by 8.6% in the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after purchasing an additional 46,731 shares during the period. National Pension Service raised its stake in shares of Motorola Solutions by 22.9% during the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock worth $217,654,000 after purchasing an additional 87,722 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new stake in shares of Motorola Solutions during the third quarter worth $33,423,000. Finally, Merit Financial Group LLC grew its position in Motorola Solutions by 26.4% in the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider’s stock valued at $1,573,000 after buying an additional 712 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSI has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Barclays decreased their target price on shares of 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 increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Down 0.0 %

Shares of NYSE MSI opened at $429.18 on Wednesday. The firm’s 50-day moving average is $445.27 and its two-hundred day moving average is $459.73. The company has a market capitalization of $71.65 billion, a PE ratio of 46.55, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82.

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

Motorola Solutions Announces Dividend

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 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 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.