Fifth Third Wealth Advisors LLC Acquires 951 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Fifth Third Wealth Advisors LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 44.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,113 shares of the communications equipment provider's stock after buying an additional 951 shares during the period. Fifth Third Wealth Advisors LLC's holdings in Motorola Solutions were worth $1,439,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new position in Motorola Solutions in the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions in the third quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL acquired a new position in Motorola Solutions in the second quarter worth approximately $32,000. Planning Capital Management Corp bought a new position in Motorola Solutions during the third quarter valued at approximately $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions in the third quarter valued at approximately $33,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on MSI shares. Morgan Stanley raised their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an "equal weight" rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a report on Friday, November 8th. Bank of America boosted their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a "buy" rating in a report on Wednesday, October 23rd. Finally, Barclays increased their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an "overweight" rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and a consensus price target of $504.88.

Motorola Solutions Trading Up 0.6 %

Shares of MSI stock traded up $2.61 on Thursday, reaching $462.69. 460,555 shares of the stock were exchanged, compared to its average volume of 715,915. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The stock has a market cap of $77.32 billion, a PE ratio of 50.68, a P/E/G ratio of 3.35 and a beta of 1.01. The stock has a 50 day moving average price of $478.15 and a 200 day moving average price of $446.87.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its 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. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Equities research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a dividend of $1.09 per share. This is a positive change from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions's payout ratio is presently 47.75%.

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.