Northwest & Ethical Investments L.P. Reduces Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Northwest & Ethical Investments L.P. lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 77.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,928 shares of the communications equipment provider’s stock after selling 10,108 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Motorola Solutions were worth $1,353,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at about $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at about $26,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at about $29,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

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

Motorola Solutions Price Performance

NYSE MSI opened at $423.39 on Friday. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The stock has a market cap of $70.68 billion, a price-to-earnings ratio of 45.92, a PEG ratio of 3.82 and a beta of 1.03. The company’s 50 day moving average is $446.45 and its two-hundred day moving average is $459.51. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is currently 47.29%.

Motorola Solutions 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.