MGO One Seven LLC Raises Position in Motorola Solutions, Inc. (NYSE:MSI)

MGO One Seven LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 173.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,820 shares of the communications equipment provider's stock after buying an additional 3,693 shares during the quarter. MGO One Seven LLC's holdings in Motorola Solutions were worth $2,690,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MSI. Center for Financial Planning Inc. lifted its position in shares of Motorola Solutions by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock valued at $2,337,000 after acquiring an additional 25 shares in the last quarter. Prestige Wealth Management Group LLC lifted its holdings in Motorola Solutions by 11.9% in the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock valued at $109,000 after purchasing an additional 25 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in Motorola Solutions by 22.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock valued at $63,000 after purchasing an additional 25 shares in the last quarter. Wesbanco Bank Inc. boosted its stake in Motorola Solutions by 2.1% during the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock worth $596,000 after purchasing an additional 26 shares during the last quarter. Finally, Premier Path Wealth Partners LLC grew its holdings in shares of Motorola Solutions by 1.6% during the fourth quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider's stock worth $769,000 after buying an additional 27 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on MSI shares. Morgan Stanley boosted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Barclays decreased their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note 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. reduced their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock 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's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $515.25.

Motorola Solutions Trading Up 0.1 %

MSI stock traded up $0.63 during midday trading on Monday, hitting $430.85. 661,502 shares of the company's stock were exchanged, compared to its average volume of 772,569. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a market capitalization of $71.94 billion, a PE ratio of 46.73, a P/E/G ratio of 3.82 and a beta of 0.94. The business has a 50-day simple moving average of $422.92 and a two-hundred day simple moving average of $455.25.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data 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). The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were given a dividend of $1.09 per share. The ex-dividend date was Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.01%. Motorola Solutions's dividend payout ratio is currently 47.29%.

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.