Trek Financial LLC Makes New Investment in Motorola Solutions, Inc. (NYSE:MSI)

Trek Financial LLC purchased a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,551 shares of the communications equipment provider's stock, valued at approximately $717,000.

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

Analysts Set New Price Targets

Several brokerages have issued reports on MSI. StockNews.com lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday. Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a research note on Friday, February 14th. Finally, Morgan Stanley increased their target price 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. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $505.88.

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Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded up $6.74 on Friday, reaching $421.61. The stock had a trading volume of 789,902 shares, compared to its average volume of 775,625. The business's 50 day moving average is $430.81 and its two-hundred day moving average is $457.27. The company has a market cap of $70.39 billion, a P/E ratio of 45.73, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. 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 announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. 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.