KBC Group NV Sells 371 Shares of Motorola Solutions, Inc. (NYSE:MSI)

KBC Group NV decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,737 shares of the communications equipment provider’s stock after selling 371 shares during the quarter. KBC Group NV’s holdings in Motorola Solutions were worth $24,377,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. FSA Wealth Management LLC acquired a new position in Motorola Solutions during the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the third quarter worth about $31,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Motorola Solutions during the 2nd quarter worth about $32,000. Planning Capital Management Corp bought a new stake in Motorola Solutions during the 3rd quarter valued at approximately $32,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in Motorola Solutions during the 3rd quarter valued at approximately $33,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $465.59 on Wednesday. The firm has a market cap of $77.81 billion, a P/E ratio of 51.00, a price-to-earnings-growth ratio of 3.47 and a beta of 1.01. The firm’s 50-day simple moving average is $474.49 and its 200-day simple moving average is $451.87. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.

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

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analyst Upgrades and Downgrades

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

Motorola Solutions Company 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.