Arvest Investments Inc. Cuts Stake in Motorola Solutions, Inc. (NYSE:MSI)

Arvest Investments Inc. lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 6.6% during the fourth quarter, HoldingsChannel reports. The firm owned 1,539 shares of the communications equipment provider’s stock after selling 108 shares during the period. Arvest Investments Inc.’s holdings in Motorola Solutions were worth $711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Tradition Wealth Management LLC lifted its position in Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after acquiring an additional 21 shares in the last quarter. Center for Financial Planning Inc. lifted its position 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 purchasing an additional 25 shares in the last quarter. Harvest Fund Management Co. Ltd boosted its stake in shares of Motorola Solutions by 0.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after purchasing an additional 26 shares during the period. Hancock Whitney Corp grew its holdings in Motorola Solutions by 0.4% during the 3rd quarter. Hancock Whitney Corp now owns 5,812 shares of the communications equipment provider’s stock valued at $2,613,000 after purchasing an additional 26 shares in the last quarter. Finally, Wesbanco Bank Inc. increased its stake in Motorola Solutions by 2.1% during the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock worth $596,000 after buying an additional 26 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI opened at $422.10 on Friday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The business’s fifty day moving average price is $447.09 and its 200 day moving average price is $459.64. The stock has a market capitalization of $70.46 billion, a PE ratio of 45.78, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results 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). The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MSI. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. 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. Morgan Stanley increased their target price 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. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.