CHB Investment Group LLC Trims Position in Motorola Solutions, Inc. (NYSE:MSI)

CHB Investment Group LLC lessened its stake in Motorola Solutions, Inc. (NYSE:MSI) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,911 shares of the communications equipment provider’s stock after selling 100 shares during the quarter. Motorola Solutions makes up approximately 1.7% of CHB Investment Group LLC’s holdings, making the stock its 9th biggest holding. CHB Investment Group LLC’s holdings in Motorola Solutions were worth $3,195,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of MSI. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions in the 3rd quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions during the third quarter valued at $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Motorola Solutions in the 2nd quarter worth about $32,000. Planning Capital Management Corp bought a new stake in Motorola Solutions in the 3rd quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in Motorola Solutions in the 3rd quarter valued at about $33,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of MSI stock opened at $457.10 on Tuesday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The stock’s fifty day simple moving average is $478.37 and its 200 day simple moving average is $446.26. Motorola Solutions, Inc. has a one year low of $314.08 and a one year high of $507.82. The firm has a market cap of $76.39 billion, a price-to-earnings ratio of 50.07, a P/E/G ratio of 3.70 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) 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%. On average, analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.95%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions’s payout ratio is currently 47.75%.

Analyst Upgrades and Downgrades

MSI has been the topic of several analyst reports. Barclays raised their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley boosted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft lifted their price objective 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, Raymond James raised their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Company 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.