Commonwealth Equity Services LLC Grows Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Commonwealth Equity Services LLC raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 5.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,222 shares of the communications equipment provider's stock after acquiring an additional 2,192 shares during the period. Commonwealth Equity Services LLC's holdings in Motorola Solutions were worth $20,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Empowered Funds LLC raised its holdings in Motorola Solutions by 26.4% during the 3rd quarter. Empowered Funds LLC now owns 6,504 shares of the communications equipment provider's stock valued at $2,924,000 after buying an additional 1,358 shares during the period. Natixis Advisors LLC raised its holdings in Motorola Solutions by 10.7% during the 3rd quarter. Natixis Advisors LLC now owns 110,760 shares of the communications equipment provider's stock valued at $49,801,000 after buying an additional 10,662 shares during the period. Schear Investment Advisers LLC raised its holdings in Motorola Solutions by 5.6% during the 3rd quarter. Schear Investment Advisers LLC now owns 4,008 shares of the communications equipment provider's stock valued at $1,802,000 after buying an additional 211 shares during the period. Atlanta Consulting Group Advisors LLC raised its holdings in Motorola Solutions by 3.9% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 2,159 shares of the communications equipment provider's stock valued at $971,000 after buying an additional 81 shares during the period. Finally, Claro Advisors LLC purchased a new stake in Motorola Solutions during the 3rd quarter valued at $205,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Finally, Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $505.88.

Motorola Solutions Stock Down 0.5 %

Shares of MSI traded down $2.26 during midday trading on Thursday, reaching $422.10. 556,865 shares of the stock were exchanged, compared to its average volume of 689,226. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The company's 50 day moving average is $447.89 and its two-hundred day moving average is $459.90. The company has a market capitalization of $70.46 billion, a P/E ratio of 45.78, a PEG ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $3 billion. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently disclosed 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. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions's payout ratio is currently 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.