Insight Wealth Strategies LLC Sells 1,392 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Insight Wealth Strategies LLC cut its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 12.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,064 shares of the communications equipment provider's stock after selling 1,392 shares during the period. Insight Wealth Strategies LLC's holdings in Motorola Solutions were worth $4,652,000 as of its most recent SEC filing.

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

Motorola Solutions Price Performance

Shares of MSI stock traded down $6.51 on Monday, hitting $455.33. 1,179,729 shares of the stock traded hands, compared to its average volume of 758,710. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a 52 week low of $308.61 and a 52 week high of $507.82. The firm has a 50 day simple moving average of $478.00 and a two-hundred day simple moving average of $443.24. The firm has a market cap of $76.10 billion, a price-to-earnings ratio of 49.87, a PEG ratio of 3.70 and a beta of 1.01.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly 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. The business had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be given a dividend of $1.09 per share. This is a positive change from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.96%. Motorola Solutions's dividend payout ratio (DPR) is presently 47.75%.

Wall Street Analysts Forecast Growth

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

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.