IHT Wealth Management LLC Sells 283 Shares of Motorola Solutions, Inc. (NYSE:MSI)

IHT Wealth Management LLC cut its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 19.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,172 shares of the communications equipment provider’s stock after selling 283 shares during the period. IHT Wealth Management LLC’s holdings in Motorola Solutions were worth $542,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MSI. Soros Capital Management LLC lifted its holdings in Motorola Solutions by 38.9% in the 4th quarter. Soros Capital Management LLC now owns 2,164 shares of the communications equipment provider’s stock worth $1,000,000 after purchasing an additional 606 shares during the last quarter. Fayez Sarofim & Co lifted its stake in shares of Motorola Solutions by 16.5% in the fourth quarter. Fayez Sarofim & Co now owns 1,341 shares of the communications equipment provider’s stock worth $620,000 after buying an additional 190 shares during the last quarter. J. Safra Sarasin Holding AG lifted its stake in shares of Motorola Solutions by 18.3% in the fourth quarter. J. Safra Sarasin Holding AG now owns 146,166 shares of the communications equipment provider’s stock worth $67,562,000 after buying an additional 22,591 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Motorola Solutions by 6.0% during the 4th quarter. Stifel Financial Corp now owns 95,509 shares of the communications equipment provider’s stock worth $44,151,000 after buying an additional 5,399 shares during the period. Finally, TD Waterhouse Canada Inc. grew its stake in Motorola Solutions by 21.6% in the 4th quarter. TD Waterhouse Canada Inc. now owns 4,166 shares of the communications equipment provider’s stock valued at $1,925,000 after buying an additional 741 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 0.5 %

Shares of MSI stock opened at $430.27 on Friday. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The stock has a fifty day moving average price of $422.92 and a 200 day moving average price of $455.39. The stock has a market cap of $71.84 billion, a P/E ratio of 46.67, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were issued a $1.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. Motorola Solutions’s payout ratio is presently 47.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on MSI shares. Barclays decreased their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. JPMorgan Chase & Co. dropped their price target on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Finally, Morgan Stanley increased their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $515.25.

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.