Abacus FCF Advisors LLC Increases Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Abacus FCF Advisors LLC raised its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 70.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,149 shares of the communications equipment provider's stock after acquiring an additional 7,947 shares during the quarter. Motorola Solutions makes up 1.2% of Abacus FCF Advisors LLC's holdings, making the stock its 17th largest holding. Abacus FCF Advisors LLC's holdings in Motorola Solutions were worth $8,851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSI. Centiva Capital LP purchased a new position in Motorola Solutions during the third quarter valued at approximately $330,000. Morse Asset Management Inc raised its position in shares of Motorola Solutions by 2.3% in the 3rd quarter. Morse Asset Management Inc now owns 1,555 shares of the communications equipment provider's stock worth $699,000 after acquiring an additional 35 shares in the last quarter. Insigneo Advisory Services LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter worth $348,000. EP Wealth Advisors LLC boosted its position in Motorola Solutions by 6.7% during the third quarter. EP Wealth Advisors LLC now owns 1,819 shares of the communications equipment provider's stock valued at $818,000 after purchasing an additional 114 shares in the last quarter. Finally, iA Global Asset Management Inc. boosted its position in Motorola Solutions by 32.5% during the third quarter. iA Global Asset Management Inc. now owns 4,583 shares of the communications equipment provider's stock valued at $2,061,000 after purchasing an additional 1,124 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

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Motorola Solutions Stock Up 1.6 %

Shares of MSI stock traded up $6.74 during trading on Friday, reaching $421.61. The company's stock had a trading volume of 789,902 shares, compared to its average volume of 777,072. The company has a market capitalization of $70.39 billion, a price-to-earnings ratio of 45.73, a P/E/G ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year 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. The stock's 50-day moving average price is $430.81 and its 200 day moving average price is $457.33.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results 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 analysts' expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions's payout ratio is currently 47.29%.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of recent analyst reports. Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. StockNews.com lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday. Finally, Barclays lowered their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $505.88.

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.