Independent Wealth Network Inc. Has $1.23 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Independent Wealth Network Inc. lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 3.9% in the 4th quarter, Holdings Channel reports. The firm owned 2,658 shares of the communications equipment provider’s stock after buying an additional 100 shares during the quarter. Independent Wealth Network Inc.’s holdings in Motorola Solutions were worth $1,229,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MSI. FSA Wealth Management LLC bought a new stake in Motorola Solutions during the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Motorola Solutions during the third quarter worth about $31,000. Strategic Investment Solutions Inc. IL bought a new stake in Motorola Solutions during the second quarter worth about $32,000. Planning Capital Management Corp bought a new stake in Motorola Solutions during the third quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in Motorola Solutions during the third quarter worth about $33,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $471.90 on Thursday. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The company has a 50-day simple moving average of $475.98 and a two-hundred day simple moving average of $449.52. The stock has a market capitalization of $78.86 billion, a price-to-earnings ratio of 51.69, a price-to-earnings-growth ratio of 3.44 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 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analysts Set New Price Targets

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