Ibex Wealth Advisors Invests $532,000 in Motorola Solutions, Inc. (NYSE:MSI)

Ibex Wealth Advisors purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,152 shares of the communications equipment provider's stock, valued at approximately $532,000.

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

Motorola Solutions Price Performance

MSI stock traded up $6.35 during trading on Thursday, hitting $469.76. 193,850 shares of the company's stock traded hands, compared to its average volume of 731,356. The business has a fifty day simple moving average of $473.48 and a 200 day simple moving average of $452.48. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock has a market capitalization of $78.51 billion, a price-to-earnings ratio of 51.38, a P/E/G ratio of 3.47 and a beta of 1.01.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 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 firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. As a group, research analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. The ex-dividend date was Friday, December 13th. This is an increase from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.93%. Motorola Solutions's dividend payout ratio (DPR) is currently 47.75%.

Wall Street Analyst Weigh In

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

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.