BDF Gestion Trims Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

BDF Gestion decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 11.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 16,912 shares of the communications equipment provider’s stock after selling 2,198 shares during the period. Motorola Solutions accounts for 0.7% of BDF Gestion’s investment portfolio, making the stock its 27th largest position. BDF Gestion’s holdings in Motorola Solutions were worth $7,817,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Algert Global LLC lifted its position in Motorola Solutions by 75.7% during the second quarter. Algert Global LLC now owns 1,469 shares of the communications equipment provider’s stock valued at $567,000 after purchasing an additional 633 shares during the last quarter. Creative Planning lifted its holdings in shares of Motorola Solutions by 24.3% during the 2nd quarter. Creative Planning now owns 24,847 shares of the communications equipment provider’s stock worth $9,592,000 after acquiring an additional 4,856 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Motorola Solutions by 136.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 19,297 shares of the communications equipment provider’s stock worth $7,450,000 after acquiring an additional 11,122 shares in the last quarter. Quarry LP increased its stake in Motorola Solutions by 177.0% in the second quarter. Quarry LP now owns 169 shares of the communications equipment provider’s stock valued at $65,000 after acquiring an additional 108 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its position in Motorola Solutions by 13.7% during the second quarter. B. Riley Wealth Advisors Inc. now owns 4,402 shares of the communications equipment provider’s stock valued at $1,704,000 after purchasing an additional 529 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Down 0.3 %

MSI stock opened at $463.87 on Thursday. 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 1-year low of $314.84 and a 1-year high of $507.82. The business has a 50 day simple moving average of $474.05 and a two-hundred day simple moving average of $452.40. The company has a market capitalization of $77.52 billion, a price-to-earnings ratio of 50.81, a PEG ratio of 3.47 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Research analysts anticipate that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

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

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Barclays increased their target price 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. Morgan Stanley increased their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft boosted 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. Raymond James raised their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Bank of America increased their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average price target 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.