Park Avenue Securities LLC Acquires 3,208 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Park Avenue Securities LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 109.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,127 shares of the communications equipment provider's stock after buying an additional 3,208 shares during the quarter. Park Avenue Securities LLC's holdings in Motorola Solutions were worth $2,832,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Kathmere Capital Management LLC lifted its holdings in shares of Motorola Solutions by 15.8% during the 4th quarter. Kathmere Capital Management LLC now owns 673 shares of the communications equipment provider's stock valued at $311,000 after buying an additional 92 shares during the last quarter. Board of the Pension Protection Fund bought a new position in Motorola Solutions during the fourth quarter valued at approximately $1,156,000. Fifth Third Wealth Advisors LLC lifted its stake in Motorola Solutions by 44.0% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 3,113 shares of the communications equipment provider's stock valued at $1,439,000 after acquiring an additional 951 shares during the last quarter. Accurate Wealth Management LLC bought a new stake in Motorola Solutions in the fourth quarter worth approximately $339,000. Finally, Cullen Investment Group LTD. increased its stake in shares of Motorola Solutions by 0.7% during the 4th quarter. Cullen Investment Group LTD. now owns 21,842 shares of the communications equipment provider's stock worth $10,096,000 after purchasing an additional 152 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analyst Weigh In

MSI has been the subject of several analyst reports. 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. Bank of America boosted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. Barclays increased their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an "overweight" rating in a report on Friday, November 8th. Raymond James boosted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. One research 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 stock currently has an average rating of "Moderate Buy" and a consensus price target of $504.88.

Motorola Solutions Stock Performance

NYSE MSI traded up $2.53 during trading on Friday, hitting $465.23. The company's stock had a trading volume of 621,264 shares, compared to its average volume of 732,287. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The firm has a market cap of $77.75 billion, a P/E ratio of 50.96, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. The firm has a 50 day moving average price of $477.21 and a 200 day moving average price of $447.53. 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 released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate 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 analysts' expectations of $2.76 billion. Equities research analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

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

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.