Gilliland Jeter Wealth Management LLC Has $3.69 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Gilliland Jeter Wealth Management LLC lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,992 shares of the communications equipment provider’s stock after selling 47 shares during the period. Motorola Solutions makes up approximately 1.2% of Gilliland Jeter Wealth Management LLC’s holdings, making the stock its 15th largest position. Gilliland Jeter Wealth Management LLC’s holdings in Motorola Solutions were worth $3,694,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. World Investment Advisors LLC raised its holdings 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 in the last quarter. Versor Investments LP acquired a new position in Motorola Solutions in the 3rd quarter valued at approximately $449,000. Groupama Asset Managment raised its holdings in Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after acquiring an additional 46,731 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in Motorola Solutions by 8.5% in the 3rd quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after acquiring an additional 32,157 shares in the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new position in Motorola Solutions in the 3rd quarter valued at approximately $33,423,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Raymond James upped their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Morgan Stanley upped 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. Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Barclays upped their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Bank of America upped their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Stock Up 0.2 %

NYSE MSI opened at $481.83 on Friday. The firm has a market cap of $80.52 billion, a PE ratio of 52.77, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The stock’s 50 day simple moving average is $471.19 and its 200 day simple moving average is $455.27. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS 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 analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, sell-side analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.90%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 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.