Folger Nolan Fleming Douglas Capital Management Inc. Sells 50 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Folger Nolan Fleming Douglas Capital Management Inc. trimmed its stake in Motorola Solutions, Inc. (NYSE:MSI) by 4.2% during the 4th quarter, Holdings Channel reports. The firm owned 1,137 shares of the communications equipment provider’s stock after selling 50 shares during the quarter. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Motorola Solutions were worth $526,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. State Street Corp grew its stake in Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after buying an additional 198,183 shares in the last quarter. Geode Capital Management LLC grew its position in Motorola Solutions by 2.4% in the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after acquiring an additional 89,320 shares in the last quarter. Legal & General Group Plc increased its stake in Motorola Solutions by 7.7% in the second quarter. Legal & General Group Plc now owns 1,530,660 shares of the communications equipment provider’s stock valued at $590,911,000 after acquiring an additional 110,072 shares during the last quarter. International Assets Investment Management LLC raised its position in Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after purchasing an additional 965,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Motorola Solutions by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock valued at $404,744,000 after purchasing an additional 8,651 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

NYSE:MSI opened at $465.23 on Friday. The firm’s fifty day simple moving average is $478.00 and its 200 day simple moving average is $446.98. The stock has a market cap of $77.75 billion, a P/E ratio of 50.96, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. 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 twelve month low of $314.84 and a twelve month high of $507.82.

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

Motorola Solutions Increases Dividend

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

Wall Street Analyst Weigh In

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