Hennion & Walsh Asset Management Inc. Lowers Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Hennion & Walsh Asset Management Inc. lessened its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 20.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,656 shares of the communications equipment provider's stock after selling 3,020 shares during the period. Hennion & Walsh Asset Management Inc.'s holdings in Motorola Solutions were worth $5,388,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in MSI. State Street Corp boosted its stake in Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider's stock valued at $3,358,848,000 after buying an additional 198,183 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Motorola Solutions by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider's stock valued at $1,675,588,000 after acquiring an additional 89,320 shares during the last quarter. Legal & General Group Plc boosted its position in shares of Motorola Solutions by 7.7% during the 2nd quarter. Legal & General Group Plc now owns 1,530,660 shares of the communications equipment provider's stock valued at $590,911,000 after acquiring an additional 110,072 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Motorola Solutions by 59,189.5% in the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider's stock valued at $435,064,000 after purchasing an additional 965,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Motorola Solutions by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider's stock worth $404,744,000 after purchasing an additional 8,651 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Wall Street Analyst Weigh In

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

Motorola Solutions Trading Up 0.6 %

MSI traded up $2.61 on Thursday, reaching $462.69. 460,555 shares of the company traded hands, compared to its average volume of 715,915. The company has a market cap of $77.32 billion, a P/E ratio of 50.68, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The firm has a fifty day simple moving average of $478.15 and a two-hundred day simple moving average of $446.87.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, equities 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 was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. This is a boost from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions's dividend payout ratio is currently 47.75%.

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.