IVC Wealth Advisors LLC Decreases Holdings in Motorola Solutions, Inc. (NYSE:MSI)

IVC Wealth Advisors LLC reduced its position in Motorola Solutions, Inc. (NYSE:MSI) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,156 shares of the communications equipment provider’s stock after selling 204 shares during the quarter. IVC Wealth Advisors LLC’s holdings in Motorola Solutions were worth $997,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MSI. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Motorola Solutions during the third quarter valued at $31,000. Strategic Investment Solutions Inc. IL purchased a new position in Motorola Solutions in the 2nd quarter worth $32,000. Planning Capital Management Corp acquired a new stake in Motorola Solutions during the 3rd quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of Motorola Solutions in the third quarter valued at about $33,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 0.8 %

Shares of NYSE:MSI opened at $475.78 on Friday. The business has a fifty day moving average of $475.49 and a two-hundred day moving average of $449.68. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock has a market cap of $79.51 billion, a P/E ratio of 52.11, a PEG ratio of 3.44 and a beta of 1.01. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82.

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

Motorola Solutions Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Analyst Ratings Changes

Several equities analysts recently weighed in on MSI shares. Barclays increased their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley boosted 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. Bank of America upped their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Raymond James boosted their price objective 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 assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $504.88.

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.