PFG Advisors Has $392,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

PFG Advisors lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 45.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 848 shares of the communications equipment provider's stock after selling 719 shares during the period. PFG Advisors' holdings in Motorola Solutions were worth $392,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. HighTower Advisors LLC raised its holdings in Motorola Solutions by 18.5% in the 4th quarter. HighTower Advisors LLC now owns 39,619 shares of the communications equipment provider's stock valued at $18,313,000 after acquiring an additional 6,177 shares in the last quarter. AGF Management Ltd. raised its holdings in Motorola Solutions by 17.8% in the 4th quarter. AGF Management Ltd. now owns 180,622 shares of the communications equipment provider's stock valued at $83,489,000 after acquiring an additional 27,254 shares in the last quarter. Endowment Wealth Management Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at approximately $253,000. GC Wealth Management RIA LLC raised its holdings in Motorola Solutions by 54.8% in the 4th quarter. GC Wealth Management RIA LLC now owns 2,327 shares of the communications equipment provider's stock valued at $1,076,000 after acquiring an additional 824 shares in the last quarter. Finally, Donaldson Capital Management LLC raised its holdings in Motorola Solutions by 9.0% in the 4th quarter. Donaldson Capital Management LLC now owns 12,651 shares of the communications equipment provider's stock valued at $5,848,000 after acquiring an additional 1,046 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

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Motorola Solutions Price Performance

NYSE MSI traded up $1.92 during trading hours on Wednesday, reaching $423.82. 495,066 shares of the company's stock were exchanged, compared to its average volume of 690,084. The stock has a market cap of $70.75 billion, a PE ratio of 45.97, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The firm has a fifty day moving average of $448.66 and a 200-day moving average of $460.15. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders 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 yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio is 47.29%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MSI shares. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Motorola Solutions has a consensus rating of "Moderate Buy" and an average target price of $505.88.

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.