Avantax Advisory Services Inc. Acquires 3,531 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Avantax Advisory Services Inc. lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 44.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,418 shares of the communications equipment provider's stock after buying an additional 3,531 shares during the period. Avantax Advisory Services Inc.'s holdings in Motorola Solutions were worth $5,278,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. World Investment Advisors LLC raised its stake in Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider's stock worth $16,061,000 after acquiring an additional 35,071 shares in the last quarter. Versor Investments LP acquired a new position in Motorola Solutions during the 3rd quarter worth approximately $449,000. Groupama Asset Managment lifted its stake in Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider's stock valued at $263,967,000 after purchasing an additional 46,731 shares during the last quarter. National Pension Service boosted its position in Motorola Solutions by 22.9% in the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after buying an additional 87,722 shares in the last quarter. Finally, Oddo BHF Asset Management Sas bought a new stake in shares of Motorola Solutions during the third quarter worth $33,423,000. 84.17% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MSI. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Barclays cut their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. Finally, StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $505.88.

Motorola Solutions Trading Up 0.5 %

MSI stock traded up $1.92 during trading on Wednesday, hitting $423.82. The company had a trading volume of 495,066 shares, compared to its average volume of 837,109. The business has a 50-day moving average of $448.66 and a 200-day moving average of $460.15. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The stock has a market cap of $70.75 billion, a PE ratio of 45.97, a PEG ratio of 3.82 and a beta of 1.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced 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). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Friday, March 14th. 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.