Main Street Financial Solutions LLC Sells 54 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Main Street Financial Solutions LLC trimmed its position in Motorola Solutions, Inc. (NYSE:MSI) by 6.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 749 shares of the communications equipment provider’s stock after selling 54 shares during the period. Main Street Financial Solutions LLC’s holdings in Motorola Solutions were worth $346,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the 4th quarter valued at about $26,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions in the fourth quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the fourth quarter worth about $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth about $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

NYSE MSI opened at $420.59 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The firm has a market capitalization of $70.22 billion, a P/E ratio of 45.62, a PEG ratio of 3.82 and a beta of 0.94. The stock has a 50-day simple moving average of $426.33 and a two-hundred day simple moving average of $456.56.

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

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were issued a $1.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. Motorola Solutions’s payout ratio is 47.29%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Barclays lowered their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. lowered their price target on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $515.25.

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.