New Century Financial Group LLC Lowers Stake in Motorola Solutions, Inc. (NYSE:MSI)

New Century Financial Group LLC trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 11.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,011 shares of the communications equipment provider’s stock after selling 132 shares during the quarter. New Century Financial Group LLC’s holdings in Motorola Solutions were worth $467,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC raised its holdings in Motorola Solutions by 59,189.5% in 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 buying an additional 965,972 shares during the period. Mizuho Securities USA LLC increased its position in shares of Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after acquiring an additional 572,040 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Motorola Solutions by 477.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock valued at $140,131,000 after acquiring an additional 257,727 shares during the period. State Street Corp lifted its holdings in shares of Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after acquiring an additional 198,183 shares in the last quarter. Finally, Barclays PLC boosted its position in Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after purchasing an additional 165,353 shares during the period. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Motorola Solutions Trading Up 0.8 %

MSI opened at $475.78 on Friday. The stock has a market capitalization of $79.51 billion, a PE ratio of 52.11, a P/E/G ratio of 3.47 and a beta of 1.01. 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, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The firm’s fifty day moving average price is $475.49 and its 200 day moving average price is $449.68.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping 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 business had revenue of $2.79 billion during 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 company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a dividend of $1.09 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.