Arkadios Wealth Advisors grew its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 25.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,501 shares of the communications equipment provider's stock after purchasing an additional 904 shares during the period. Arkadios Wealth Advisors' holdings in Motorola Solutions were worth $2,081,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in MSI. Arthur M. Cohen & Associates LLC boosted its stake in shares of Motorola Solutions by 25.7% during the 4th quarter. Arthur M. Cohen & Associates LLC now owns 977 shares of the communications equipment provider's stock worth $452,000 after acquiring an additional 200 shares in the last quarter. Brooklyn Investment Group raised its holdings in Motorola Solutions by 7.6% in the 4th quarter. Brooklyn Investment Group now owns 881 shares of the communications equipment provider's stock worth $407,000 after purchasing an additional 62 shares during the period. Merit Financial Group LLC grew its holdings in Motorola Solutions by 26.4% in the fourth quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock valued at $1,573,000 after purchasing an additional 712 shares during the period. First National Bank of Mount Dora Trust Investment Services increased its position in shares of Motorola Solutions by 3.2% in the fourth quarter. First National Bank of Mount Dora Trust Investment Services now owns 19,008 shares of the communications equipment provider's stock valued at $8,786,000 after buying an additional 598 shares in the last quarter. Finally, Saxon Interests Inc. raised its stake in shares of Motorola Solutions by 9.9% during the 4th quarter. Saxon Interests Inc. now owns 4,302 shares of the communications equipment provider's stock worth $1,989,000 after buying an additional 389 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on MSI shares. Morgan Stanley lifted their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an "equal weight" rating in a research note on Tuesday, December 17th. Barclays boosted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Raymond James boosted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Finally, Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $504.88.
Check Out Our Latest Stock Analysis on MSI
Motorola Solutions Trading Up 0.5 %
Shares of NYSE MSI traded up $2.53 during mid-day trading on Friday, reaching $465.23. 621,264 shares of the company's stock were exchanged, compared to its average volume of 732,287. The firm has a market capitalization of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The company's 50-day moving average is $477.21 and its 200-day moving average is $447.95. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.
Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.
Motorola Solutions Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. Motorola Solutions's payout ratio is presently 47.75%.
Motorola Solutions Company Profile
(
Free Report)
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.
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