Thrivent Financial for Lutherans Sells 4,411 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Thrivent Financial for Lutherans decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 67,119 shares of the communications equipment provider's stock after selling 4,411 shares during the period. Thrivent Financial for Lutherans' holdings in Motorola Solutions were worth $31,047,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at about $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. bought a new stake in Motorola Solutions in the fourth quarter valued at approximately $29,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the third quarter worth $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the fourth quarter worth $30,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Down 0.0 %

NYSE MSI traded down $0.16 during trading hours on Tuesday, hitting $429.18. 612,609 shares of the company traded hands, compared to its average volume of 691,882. The stock has a market capitalization of $71.65 billion, a price-to-earnings ratio of 46.55, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The business's 50-day moving average is $445.89 and its 200-day moving average is $459.74. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28.

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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). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's payout ratio is currently 47.29%.

Analysts Set New Price Targets

A number of research firms recently commented on MSI. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Barclays cut their price objective 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 increased their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus 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.