Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Empower Advisory Group LLC

Empower Advisory Group LLC decreased its position in Motorola Solutions, Inc. (NYSE:MSI) by 25.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 825 shares of the communications equipment provider’s stock after selling 278 shares during the period. Empower Advisory Group LLC’s holdings in Motorola Solutions were worth $371,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Aptus Capital Advisors LLC grew its holdings in Motorola Solutions by 22.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 32,477 shares of the communications equipment provider’s stock worth $14,603,000 after buying an additional 5,938 shares in the last quarter. Cumberland Partners Ltd grew its stake in shares of Motorola Solutions by 26.7% in the third quarter. Cumberland Partners Ltd now owns 22,945 shares of the communications equipment provider’s stock worth $10,317,000 after purchasing an additional 4,835 shares in the last quarter. Aigen Investment Management LP acquired a new position in shares of Motorola Solutions during the third quarter valued at $3,836,000. Prime Capital Investment Advisors LLC raised its stake in shares of Motorola Solutions by 9.9% during the third quarter. Prime Capital Investment Advisors LLC now owns 1,168 shares of the communications equipment provider’s stock valued at $525,000 after purchasing an additional 105 shares in the last quarter. Finally, Savvy Advisors Inc. lifted its holdings in Motorola Solutions by 36.5% in the third quarter. Savvy Advisors Inc. now owns 845 shares of the communications equipment provider’s stock worth $380,000 after purchasing an additional 226 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.6 %

Shares of Motorola Solutions stock opened at $493.70 on Friday. Motorola Solutions, Inc. has a 12-month low of $307.09 and a 12-month high of $507.82. The firm has a market capitalization of $82.51 billion, a PE ratio of 54.07, a price-to-earnings-growth ratio of 4.16 and a beta of 0.97. 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’s fifty day moving average is $458.10 and its 200-day moving average is $412.66.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Equities analysts anticipate that Motorola Solutions, Inc. will post 12.26 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.88%. Motorola Solutions’s payout ratio is 42.94%.

Analysts Set New Price Targets

MSI has been the topic of a number of recent analyst reports. Raymond James boosted their price target 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. Evercore ISI upped their target price on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $493.43.

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.