Advisors Asset Management Inc. Buys 1,524 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Advisors Asset Management Inc. raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,784 shares of the communications equipment provider's stock after buying an additional 1,524 shares during the quarter. Advisors Asset Management Inc.'s holdings in Motorola Solutions were worth $14,229,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Synergy Asset Management LLC purchased a new position in Motorola Solutions during the 4th quarter valued at about $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions during the 4th quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the 3rd quarter valued at about $29,000. First Command Advisory Services Inc. purchased a new position in Motorola Solutions during the 4th quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. purchased a new position in Motorola Solutions during the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Barclays cut their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted 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. Finally, StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions presently has a consensus rating of "Moderate Buy" and an average price target of $505.88.

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Motorola Solutions Price Performance

NYSE:MSI traded up $1.11 during mid-day trading on Friday, reaching $423.39. The stock had a trading volume of 1,140,543 shares, compared to its average volume of 691,445. The firm has a 50 day moving average price of $446.45 and a two-hundred day moving average price of $459.51. The stock has a market capitalization of $70.68 billion, a P/E ratio of 45.92, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts' consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. As a group, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued 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 dividend payout ratio is presently 47.29%.

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.