HighTower Advisors LLC Has $18.31 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

HighTower Advisors LLC increased its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 18.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 39,619 shares of the communications equipment provider's stock after buying an additional 6,177 shares during the period. HighTower Advisors LLC's holdings in Motorola Solutions were worth $18,313,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. AGF Management Ltd. boosted its holdings in shares of Motorola Solutions by 17.8% in the 4th quarter. AGF Management Ltd. now owns 180,622 shares of the communications equipment provider's stock valued at $83,489,000 after buying an additional 27,254 shares during the period. Endowment Wealth Management Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $253,000. GC Wealth Management RIA LLC raised its holdings in shares of Motorola Solutions by 54.8% during the fourth quarter. GC Wealth Management RIA LLC now owns 2,327 shares of the communications equipment provider's stock valued at $1,076,000 after buying an additional 824 shares during the last quarter. Donaldson Capital Management LLC boosted its position in shares of Motorola Solutions by 9.0% during the fourth quarter. Donaldson Capital Management LLC now owns 12,651 shares of the communications equipment provider's stock worth $5,848,000 after buying an additional 1,046 shares during the period. Finally, King Luther Capital Management Corp grew its holdings in Motorola Solutions by 7.1% in the 4th quarter. King Luther Capital Management Corp now owns 1,058 shares of the communications equipment provider's stock worth $489,000 after buying an additional 70 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

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Motorola Solutions Price Performance

NYSE:MSI traded up $1.92 during mid-day trading on Wednesday, reaching $423.82. 495,066 shares of the stock were exchanged, compared to its average volume of 690,084. The business has a fifty day moving average price of $448.66 and a 200 day moving average price of $460.15. The firm has a market capitalization of $70.75 billion, a PE ratio of 45.97, a PEG ratio of 3.82 and a beta of 1.03. 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.

Motorola Solutions (NYSE:MSI - Get Free Report) last released 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). The firm 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%. Research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MSI. StockNews.com raised Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Barclays lowered their price target on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Finally, Morgan Stanley raised their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price 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.