Strengthening Families & Communities LLC Cuts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Strengthening Families & Communities LLC lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 96.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 130 shares of the communications equipment provider’s stock after selling 4,043 shares during the period. Strengthening Families & Communities LLC’s holdings in Motorola Solutions were worth $60,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Axecap Investments LLC grew its holdings in Motorola Solutions by 15.1% during the fourth quarter. Axecap Investments LLC now owns 9,622 shares of the communications equipment provider’s stock worth $4,448,000 after acquiring an additional 1,264 shares during the period. Stonebridge Financial Group LLC acquired a new position in Motorola Solutions during the fourth quarter worth $111,000. Essex Financial Services Inc. grew its holdings in Motorola Solutions by 14.5% during the fourth quarter. Essex Financial Services Inc. now owns 545 shares of the communications equipment provider’s stock worth $252,000 after acquiring an additional 69 shares during the period. Kestra Private Wealth Services LLC grew its holdings in Motorola Solutions by 1.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,035 shares of the communications equipment provider’s stock worth $941,000 after acquiring an additional 27 shares during the period. Finally, Quotient Wealth Partners LLC grew its holdings in Motorola Solutions by 4.0% during the fourth quarter. Quotient Wealth Partners LLC now owns 786 shares of the communications equipment provider’s stock worth $363,000 after acquiring an additional 30 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.3 %

Shares of NYSE:MSI opened at $480.65 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The stock’s fifty day simple moving average is $470.40 and its 200-day simple moving average is $456.91. The company has a market capitalization of $80.33 billion, a P/E ratio of 52.65, a P/E/G ratio of 3.54 and a beta of 1.02.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MSI. Barclays upped their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Raymond James upped their target price 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 target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Bank of America upped their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $504.88.

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.