Wealth Enhancement Advisory Services LLC Sells 2,871 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Wealth Enhancement Advisory Services LLC trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 292,957 shares of the communications equipment provider's stock after selling 2,871 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.18% of Motorola Solutions worth $135,413,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the 4th quarter valued at about $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. bought a new position in shares of Motorola Solutions during the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $30,000. Finally, Meeder Asset Management Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Morgan Stanley lifted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a report on Wednesday. Finally, Barclays reduced their price target on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and an average target price of $513.25.

Motorola Solutions Price Performance

MSI traded down $2.89 during trading on Friday, hitting $415.54. 3,176,673 shares of the stock traded hands, compared to its average volume of 802,284. The business has a 50 day moving average price of $420.90 and a 200 day moving average price of $446.13. The company has a market cap of $69.36 billion, a price-to-earnings ratio of 45.07, a PEG ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a twelve month low of $360.79 and a twelve month 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.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Motorola Solutions's revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.81 EPS. Equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th will be given a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a yield of 1.05%. Motorola Solutions's dividend payout ratio is currently 36.39%.

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.