Fortis Capital Management LLC Has $877,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Fortis Capital Management LLC lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 27.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,897 shares of the communications equipment provider's stock after selling 708 shares during the period. Fortis Capital Management LLC's holdings in Motorola Solutions were worth $877,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MSI. World Investment Advisors LLC increased its stake in Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock valued at $16,061,000 after buying an additional 35,071 shares during the period. Groupama Asset Managment increased its stake in shares of Motorola Solutions by 8.6% during the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider's stock valued at $263,967,000 after acquiring an additional 46,731 shares during the period. National Pension Service raised its holdings in Motorola Solutions by 22.9% during the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock worth $217,654,000 after purchasing an additional 87,722 shares in the last quarter. Oddo BHF Asset Management Sas bought a new stake in Motorola Solutions during the third quarter worth approximately $33,423,000. Finally, Merit Financial Group LLC lifted its position in Motorola Solutions by 26.4% in the fourth quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock worth $1,573,000 after purchasing an additional 712 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

A number of analysts have recently commented on MSI shares. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Barclays dropped their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. Finally, Morgan Stanley raised their price objective 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. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average price target of $505.88.

Motorola Solutions Trading Up 0.3 %

Shares of NYSE:MSI traded up $1.48 during mid-day trading on Thursday, hitting $432.71. The stock had a trading volume of 660,653 shares, compared to its average volume of 693,640. The company has a market cap of $72.23 billion, a PE ratio of 46.93, a P/E/G ratio of 3.82 and a beta of 1.03. The company's 50 day moving average is $444.71 and its 200-day moving average is $459.53. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its 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). The business had revenue of $3.01 billion for the quarter, compared to analysts' expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio is currently 47.29%.

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.