Moran Wealth Management LLC Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Moran Wealth Management LLC lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 6.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 64,361 shares of the communications equipment provider’s stock after buying an additional 3,685 shares during the period. Motorola Solutions comprises about 0.9% of Moran Wealth Management LLC’s holdings, making the stock its 19th largest position. Moran Wealth Management LLC’s holdings in Motorola Solutions were worth $29,750,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. REDW Wealth LLC purchased a new position in shares of Motorola Solutions during the 4th quarter worth approximately $306,000. AlphaQuest LLC grew its stake in Motorola Solutions by 37.0% in the fourth quarter. AlphaQuest LLC now owns 4,829 shares of the communications equipment provider’s stock worth $2,232,000 after purchasing an additional 1,304 shares during the period. OFI Invest Asset Management bought a new position in Motorola Solutions in the fourth quarter worth $42,000. Personal CFO Solutions LLC lifted its position in Motorola Solutions by 19.1% during the fourth quarter. Personal CFO Solutions LLC now owns 784 shares of the communications equipment provider’s stock valued at $362,000 after buying an additional 126 shares during the period. Finally, Permanent Capital Management LP bought a new stake in shares of Motorola Solutions during the 4th quarter valued at $433,000. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on MSI shares. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Barclays decreased their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Down 0.1 %

Motorola Solutions stock opened at $422.99 on Monday. Motorola Solutions, Inc. has a 12 month low of $329.70 and a 12 month high of $507.82. The stock has a fifty day simple moving average of $454.75 and a two-hundred day simple moving average of $460.97. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The firm has a market cap of $70.61 billion, a price-to-earnings ratio of 45.88, a PEG ratio of 3.82 and a beta of 1.03.

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 the consensus estimate of $3.85 by ($0.10). The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.