Goldstein Advisors LLC Sells 80 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Goldstein Advisors LLC cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 12.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 585 shares of the communications equipment provider’s stock after selling 80 shares during the period. Goldstein Advisors LLC’s holdings in Motorola Solutions were worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analyst Ratings Changes

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

Motorola Solutions Stock Up 0.9 %

MSI opened at $471.90 on Thursday. The firm has a market capitalization of $78.86 billion, a P/E ratio of 51.69, a price-to-earnings-growth ratio of 3.44 and a beta of 1.01. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The company has a fifty day moving average price of $475.49 and a 200-day moving average price of $449.68. 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 posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Equities research analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal 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 paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.