Confluence Wealth Services Inc. Has $2.54 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Confluence Wealth Services Inc. trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,337 shares of the communications equipment provider’s stock after selling 335 shares during the period. Confluence Wealth Services Inc.’s holdings in Motorola Solutions were worth $2,541,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at about $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new stake in Motorola Solutions in the 3rd quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions during the 3rd quarter valued at $31,000. Finally, Planning Capital Management Corp purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSI has been the subject of a number of research reports. Bank of America lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley raised their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Finally, Raymond James lifted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Price Performance

NYSE:MSI opened at $471.59 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 stock has a market cap of $78.81 billion, a P/E ratio of 51.65, a PEG ratio of 3.45 and a beta of 1.02. The company has a fifty day moving average price of $471.59 and a 200 day moving average price of $455.09. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 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.