HMS Capital Management LLC Trims Stake in Motorola Solutions, Inc. (NYSE:MSI)

HMS Capital Management LLC reduced its position in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 0.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,326 shares of the communications equipment provider’s stock after selling 36 shares during the period. HMS Capital Management LLC’s holdings in Motorola Solutions were worth $1,354,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp lifted its holdings in shares of Motorola Solutions by 1.3% in the 2nd quarter. State Street Corp now owns 7,019,371 shares of the communications equipment provider’s stock valued at $2,064,642,000 after purchasing an additional 88,158 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Motorola Solutions by 3.5% in the 1st quarter. Geode Capital Management LLC now owns 3,531,492 shares of the communications equipment provider’s stock valued at $1,008,362,000 after purchasing an additional 119,907 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Motorola Solutions by 1.9% in the 2nd quarter. Alliancebernstein L.P. now owns 3,337,453 shares of the communications equipment provider’s stock valued at $978,808,000 after purchasing an additional 60,733 shares during the last quarter. FMR LLC lifted its holdings in shares of Motorola Solutions by 1.6% in the 3rd quarter. FMR LLC now owns 2,350,325 shares of the communications equipment provider’s stock valued at $639,853,000 after purchasing an additional 37,718 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Motorola Solutions by 4.7% in the 4th quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock valued at $674,896,000 after purchasing an additional 96,421 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Evercore ISI assumed coverage on Motorola Solutions in a research note on Monday. They set an “outperform” rating and a $400.00 price objective for the company. Barclays upped their price objective on Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Motorola Solutions in a research note on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $337.25.

Check Out Our Latest Report on Motorola Solutions

Motorola Solutions Stock Performance

NYSE MSI opened at $347.61 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. The business’s 50 day moving average is $330.60 and its two-hundred day moving average is $310.93. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $351.33. The stock has a market capitalization of $57.74 billion, a price-to-earnings ratio of 35.01, a PEG ratio of 3.21 and a beta of 0.90.

Motorola Solutions (NYSE:MSIGet Free Report) last released its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.63 by $0.27. The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.38 EPS. Research analysts expect that Motorola Solutions, Inc. will post 11.74 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be issued a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Thursday, March 14th. Motorola Solutions’s dividend payout ratio is currently 39.48%.

Insider Buying and Selling

In related news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the sale, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

Motorola Solutions Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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