Ariston Services Group Has $291,000 Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Ariston Services Group lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 24.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 629 shares of the communications equipment provider’s stock after selling 204 shares during the quarter. Ariston Services Group’s holdings in Motorola Solutions were worth $291,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI lifted its holdings in Motorola Solutions by 23.0% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 1,009 shares of the communications equipment provider’s stock valued at $468,000 after buying an additional 189 shares during the period. Bahl & Gaynor Inc. raised its position in shares of Motorola Solutions by 0.3% during the 4th quarter. Bahl & Gaynor Inc. now owns 383,048 shares of the communications equipment provider’s stock valued at $177,056,000 after acquiring an additional 1,250 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Motorola Solutions by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 926,009 shares of the communications equipment provider’s stock valued at $428,029,000 after acquiring an additional 25,838 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Motorola Solutions by 8.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 79,708 shares of the communications equipment provider’s stock valued at $36,844,000 after purchasing an additional 6,051 shares during the period. Finally, Meridian Wealth Management LLC bought a new position in shares of Motorola Solutions in the 4th quarter worth $603,000. Institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

MSI has been the topic of several analyst reports. Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted their price objective 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. Raymond James increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Down 3.1 %

Motorola Solutions stock opened at $426.78 on Tuesday. Motorola Solutions, Inc. has a twelve month low of $329.66 and a twelve month high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The company has a 50 day moving average of $458.52 and a 200-day moving average of $460.98. The stock has a market capitalization of $71.25 billion, a PE ratio of 46.29, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

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.