Advisory Services Network LLC Acquires 1,063 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Advisory Services Network LLC grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 23.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,561 shares of the communications equipment provider's stock after acquiring an additional 1,063 shares during the period. Advisory Services Network LLC's holdings in Motorola Solutions were worth $2,571,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in MSI. Vanguard Group Inc. raised its position in shares of Motorola Solutions by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider's stock worth $9,789,955,000 after purchasing an additional 310,919 shares during the period. Geode Capital Management LLC increased its holdings in Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock worth $1,933,360,000 after purchasing an additional 451,172 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter worth approximately $1,528,949,000. FMR LLC lifted its holdings in shares of Motorola Solutions by 12.4% in the fourth quarter. FMR LLC now owns 3,030,915 shares of the communications equipment provider's stock valued at $1,400,980,000 after purchasing an additional 334,639 shares in the last quarter. Finally, Norges Bank bought a new stake in Motorola Solutions during the fourth quarter worth $1,073,645,000. 84.17% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Barclays lowered their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a report on Friday, February 14th. StockNews.com lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday, April 9th. Finally, Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $505.88.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded up $4.12 during trading on Tuesday, hitting $430.57. 315,256 shares of the stock traded hands, compared to its average volume of 777,609. The firm's fifty day moving average is $429.72 and its 200-day moving average is $457.19. The stock has a market cap of $71.89 billion, a price-to-earnings ratio of 46.70, a PEG ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.01%. Motorola Solutions's payout ratio is 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.