HB Wealth Management LLC Buys 711 Shares of Motorola Solutions, Inc. (NYSE:MSI)

HB Wealth Management LLC increased its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 12.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,374 shares of the communications equipment provider's stock after acquiring an additional 711 shares during the period. HB Wealth Management LLC's holdings in Motorola Solutions were worth $2,948,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Premier Path Wealth Partners LLC grew its holdings in shares of Motorola Solutions by 1.6% during the 4th quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider's stock valued at $769,000 after acquiring an additional 27 shares in the last quarter. Arkadios Wealth Advisors grew its stake in Motorola Solutions by 25.1% in the fourth quarter. Arkadios Wealth Advisors now owns 4,501 shares of the communications equipment provider's stock valued at $2,081,000 after purchasing an additional 904 shares in the last quarter. Arthur M. Cohen & Associates LLC increased its position in Motorola Solutions by 25.7% in the 4th quarter. Arthur M. Cohen & Associates LLC now owns 977 shares of the communications equipment provider's stock worth $452,000 after purchasing an additional 200 shares during the last quarter. Brooklyn Investment Group raised its stake in shares of Motorola Solutions by 7.6% during the 4th quarter. Brooklyn Investment Group now owns 881 shares of the communications equipment provider's stock worth $407,000 after purchasing an additional 62 shares in the last quarter. Finally, Merit Financial Group LLC lifted its holdings in shares of Motorola Solutions by 26.4% during the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock valued at $1,573,000 after buying an additional 712 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

MSI stock traded up $2.53 during mid-day trading on Monday, reaching $465.23. 621,264 shares of the stock traded hands, compared to its average volume of 732,287. The firm has a market capitalization of $77.75 billion, a PE ratio of 50.96, a P/E/G ratio of 3.35 and a beta of 1.01. The business has a 50-day moving average of $477.21 and a two-hundred day moving average of $448.39. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

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

Analyst Upgrades and Downgrades

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

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.