Lazard Freres Gestion S.A.S. Sells 6,916 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Lazard Freres Gestion S.A.S. decreased its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 248,089 shares of the communications equipment provider's stock after selling 6,916 shares during the period. Motorola Solutions accounts for 2.4% of Lazard Freres Gestion S.A.S.'s investment portfolio, making the stock its 14th biggest holding. Lazard Freres Gestion S.A.S. owned approximately 0.15% of Motorola Solutions worth $111,548,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Fidelis Capital Partners LLC increased its position in shares of Motorola Solutions by 1.0% in the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider's stock valued at $1,038,000 after acquiring an additional 22 shares during the last quarter. Omnia Family Wealth LLC increased its position in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider's stock worth $527,000 after buying an additional 25 shares during the last quarter. Harbour Investments Inc. increased its position in Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider's stock worth $578,000 after buying an additional 26 shares during the last quarter. Harvest Fund Management Co. Ltd increased its position in Motorola Solutions by 0.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider's stock worth $1,343,000 after buying an additional 26 shares during the last quarter. Finally, Hancock Whitney Corp increased its position in Motorola Solutions by 0.4% during the third quarter. Hancock Whitney Corp now owns 5,812 shares of the communications equipment provider's stock worth $2,613,000 after buying an additional 26 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

NYSE:MSI traded up $8.19 during mid-day trading on Tuesday, reaching $496.56. The company's stock had a trading volume of 610,584 shares, compared to its average volume of 675,534. The stock has a market cap of $82.99 billion, a P/E ratio of 54.39, a PEG ratio of 4.11 and a beta of 0.97. The firm's fifty day moving average price is $467.86 and its two-hundred day moving average price is $422.13. Motorola Solutions, Inc. has a 12-month low of $307.09 and a 12-month high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.

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, topping analysts' consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, equities analysts forecast that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a $1.09 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.88%. This is an increase from Motorola Solutions's previous quarterly dividend of $0.98. Motorola Solutions's dividend payout ratio is currently 47.75%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on Motorola Solutions from $436.00 to $440.00 and gave the stock an "overweight" rating in a research report on Friday, August 2nd. Barclays boosted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. Jefferies Financial Group upped their target price on Motorola Solutions from $460.00 to $510.00 and gave the stock a "buy" rating in a research note on Tuesday, September 3rd. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Finally, Bank of America upped their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. Nine analysts have rated the stock with a buy rating, According to MarketBeat, Motorola Solutions has a consensus rating of "Buy" and a consensus price target of $506.29.

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.