USA Financial Formulas Acquires 888 Shares of Motorola Solutions, Inc. (NYSE:MSI)

USA Financial Formulas boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 50.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,661 shares of the communications equipment provider's stock after acquiring an additional 888 shares during the period. USA Financial Formulas' holdings in Motorola Solutions were worth $1,230,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Motorola Solutions in the 3rd quarter worth approximately $31,000. Planning Capital Management Corp purchased a new stake in Motorola Solutions during the 3rd quarter valued at approximately $32,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $33,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of Motorola Solutions in the second quarter worth $32,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Up 0.5 %

Shares of NYSE MSI traded up $2.43 during trading hours on Thursday, hitting $462.51. 227,313 shares of the company traded hands, compared to its average volume of 691,668. The company's 50 day moving average price is $478.34 and its 200 day moving average price is $446.78. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The stock has a market capitalization of $77.29 billion, a price-to-earnings ratio of 50.65, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a dividend of $1.09 per share. 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 positive change from Motorola Solutions's previous quarterly dividend of $0.98. Motorola Solutions's payout ratio is 47.75%.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Barclays lifted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an "overweight" rating in a report on Friday, November 8th. Raymond James lifted 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. Bank of America increased their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. Morgan Stanley lifted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the stock an "equal weight" rating in a research note on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and a consensus price target of $504.88.

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.