International Assets Investment Management LLC Has $793,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

International Assets Investment Management LLC trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 99.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,727 shares of the communications equipment provider’s stock after selling 965,877 shares during the quarter. International Assets Investment Management LLC’s holdings in Motorola Solutions were worth $793,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions during the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Motorola Solutions during the 3rd quarter worth $31,000. Planning Capital Management Corp acquired a new position in Motorola Solutions in the 3rd quarter worth about $32,000. MidAtlantic Capital Management Inc. bought a new position in Motorola Solutions in the third quarter valued at about $33,000. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of Motorola Solutions during the second quarter valued at about $32,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 1.6 %

NYSE MSI opened at $462.38 on Friday. Motorola Solutions, Inc. has a one year low of $309.43 and a one 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 business has a 50 day simple moving average of $478.36 and a 200 day simple moving average of $444.48. The stock has a market capitalization of $77.27 billion, a P/E ratio of 50.64, a P/E/G ratio of 3.70 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data 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. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Research analysts expect that Motorola Solutions, Inc. will post 12.57 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. Stockholders of record on Friday, December 13th will be paid a $1.09 dividend. The ex-dividend date is Friday, December 13th. 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 0.94%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.75%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Raymond James upped their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Bank of America lifted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays increased their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, Morgan Stanley lifted their target price on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions 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.