CreativeOne Wealth LLC Purchases New Shares in Motorola Solutions, Inc. (NYSE:MSI)

CreativeOne Wealth LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,066 shares of the communications equipment provider's stock, valued at approximately $493,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the 4th quarter valued at about $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the 4th quarter worth $26,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter worth $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the fourth quarter valued at $30,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Motorola Solutions during the fourth quarter valued at $32,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Price Performance

MSI stock traded up $5.04 during mid-day trading on Thursday, reaching $429.20. 103,368 shares of the company traded hands, compared to its average volume of 772,383. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market capitalization of $71.66 billion, a P/E ratio of 46.55, a P/E/G 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 fifty day moving average price of $423.01 and a 200-day moving average price of $455.73.

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 anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were issued a $1.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.02%. Motorola Solutions's dividend payout ratio (DPR) is presently 47.29%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MSI. Barclays reduced their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research report on Friday, February 14th. Morgan Stanley lifted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Finally, JPMorgan Chase & Co. decreased their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and a consensus target price of $515.25.

About Motorola Solutions

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.