Envestnet Portfolio Solutions Inc. Purchases 4,777 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Envestnet Portfolio Solutions Inc. grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 49.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,365 shares of the communications equipment provider's stock after purchasing an additional 4,777 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Motorola Solutions were worth $6,640,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions in the 4th quarter valued at about $26,000. FSA Wealth Management LLC bought a new position in shares of Motorola Solutions in the 3rd quarter valued at about $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

NYSE MSI traded up $1.11 on Friday, reaching $423.39. The stock had a trading volume of 1,140,538 shares, compared to its average volume of 690,944. 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 cap of $70.68 billion, a P/E ratio of 45.92, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The firm has a fifty day moving average of $447.09 and a two-hundred day moving average of $459.64. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82.

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Motorola Solutions (NYSE:MSI - Get Free Report) last announced its 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 net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions's payout ratio is 47.29%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on MSI shares. Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating for the company in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted 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. Finally, StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Motorola Solutions currently has an average rating of "Moderate Buy" and an average price target of $505.88.

Motorola Solutions 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.