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

Cynosure Group LLC cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 14.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 846 shares of the communications equipment provider’s stock after selling 143 shares during the quarter. Cynosure Group LLC’s holdings in Motorola Solutions were worth $380,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions during the 2nd quarter worth approximately $25,000. Beacon Capital Management LLC lifted its position in shares of Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares during the last quarter. LRI Investments LLC grew its stake in shares of Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 61 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions in the third quarter valued at $31,000. Finally, Planning Capital Management Corp acquired a new stake in Motorola Solutions in the third quarter valued at $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Stock Up 0.8 %

Shares of NYSE:MSI opened at $500.66 on Friday. Motorola Solutions, Inc. has a 1-year low of $307.09 and a 1-year high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The stock has a market cap of $83.67 billion, a P/E ratio of 54.84, a P/E/G ratio of 3.88 and a beta of 0.97. The firm has a fifty day moving average price of $470.38 and a 200 day moving average price of $423.22.

Motorola Solutions (NYSE:MSI) last announced its earnings results 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 business had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Sell-side analysts predict that Motorola Solutions, Inc. will post 12.48 EPS for the current year.

Motorola Solutions Increases Dividend

The business 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 $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 42.94%.

Analyst Upgrades and Downgrades

MSI has been the subject of several analyst reports. Jefferies Financial Group upped their price objective on Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Bank of America boosted their price objective 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. Deutsche Bank Aktiengesellschaft increased their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Evercore ISI boosted their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Motorola Solutions has a consensus rating of “Buy” and a consensus target price of $506.29.

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.