Magnolia Capital Advisors LLC Sells 441 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Magnolia Capital Advisors LLC reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 13.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,913 shares of the communications equipment provider’s stock after selling 441 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in Motorola Solutions were worth $1,347,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions during the fourth quarter worth about $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions in the third quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions in the third quarter worth approximately $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions in the third quarter valued at approximately $32,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Performance

NYSE:MSI opened at $468.89 on Monday. The stock has a 50-day moving average price of $472.39 and a 200 day moving average price of $453.54. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The stock has a market capitalization of $78.36 billion, a P/E ratio of 51.36, a P/E/G ratio of 3.45 and a beta of 1.02. 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) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Equities research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a $1.09 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.93%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. 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 report on Friday, November 8th. Morgan Stanley upped their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Barclays increased their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $504.88.

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.