Gallacher Capital Management LLC Has $355,000 Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Gallacher Capital Management LLC lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 769 shares of the communications equipment provider’s stock after selling 41 shares during the quarter. Gallacher Capital Management LLC’s holdings in Motorola Solutions were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Tradition Wealth Management LLC increased its position in Motorola Solutions by 3.3% during the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 21 shares during the last quarter. Center for Financial Planning Inc. boosted its holdings in shares of Motorola Solutions by 0.5% during the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after acquiring an additional 25 shares during the period. Harvest Fund Management Co. Ltd boosted its holdings in shares of Motorola Solutions by 0.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after acquiring an additional 26 shares during the period. Hancock Whitney Corp boosted its holdings in shares of Motorola Solutions by 0.4% during the third quarter. Hancock Whitney Corp now owns 5,812 shares of the communications equipment provider’s stock worth $2,613,000 after acquiring an additional 26 shares during the period. Finally, Wesbanco Bank Inc. boosted its holdings in shares of Motorola Solutions by 2.1% during the fourth quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock worth $596,000 after acquiring an additional 26 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MSI shares. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Barclays reduced their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Up 1.0 %

Shares of MSI opened at $418.07 on Monday. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company has a market cap of $69.79 billion, a P/E ratio of 45.34, a P/E/G 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. The firm has a 50 day simple moving average of $450.02 and a two-hundred day simple moving average of $460.41.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 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 firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Research analysts forecast 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. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.