1,136 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by PAX Financial Group LLC

PAX Financial Group LLC acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,136 shares of the communications equipment provider's stock, valued at approximately $525,000.

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

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Motorola Solutions Stock Down 1.2 %

Motorola Solutions stock traded down $5.04 during midday trading on Thursday, hitting $412.15. 352,039 shares of the stock were exchanged, compared to its average volume of 770,671. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The firm has a market cap of $68.81 billion, a P/E ratio of 44.81, a P/E/G ratio of 3.82 and a beta of 0.94. The company has a 50 day moving average price of $432.98 and a two-hundred day moving average price of $457.72.

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

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.06%. The ex-dividend date is Friday, March 14th. Motorola Solutions's dividend payout ratio (DPR) is presently 47.29%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on MSI shares. Morgan Stanley upped their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Barclays cut their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Finally, StockNews.com downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $505.88.

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.