Sagespring Wealth Partners LLC Invests $4.50 Million in Motorola Solutions, Inc. (NYSE:MSI)

Sagespring Wealth Partners LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 9,730 shares of the communications equipment provider's stock, valued at approximately $4,498,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MSI. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the 4th quarter worth $26,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions in the 4th quarter valued at $29,000. SBI Securities Co. Ltd. acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Motorola Solutions during the fourth quarter worth $32,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Analyst Ratings Changes

MSI has been the topic of a number of research reports. Barclays cut 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 report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Thursday. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Finally, JPMorgan Chase & Co. lowered their price target on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research note on Thursday. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $515.25.

Motorola Solutions Stock Up 0.0 %

MSI traded up $0.14 during trading on Friday, hitting $420.59. The company had a trading volume of 651,934 shares, compared to its average volume of 778,415. The firm's 50-day moving average price is $426.33 and its 200 day moving average price is $456.56. The company has a market capitalization of $70.22 billion, a PE ratio of 45.62, a PEG ratio of 3.82 and a beta of 0.94. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. As a group, equities analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were paid a $1.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.04%. Motorola Solutions's payout ratio is currently 47.29%.

About Motorola Solutions

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.