Focus Partners Wealth Has $3.85 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Focus Partners Wealth boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 73.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,238 shares of the communications equipment provider’s stock after purchasing an additional 3,485 shares during the quarter. Focus Partners Wealth’s holdings in Motorola Solutions were worth $3,848,000 at the end of the most recent reporting period.

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

Motorola Solutions Trading Up 0.4%

MSI opened at $414.81 on Thursday. Motorola Solutions, Inc. has a fifty-two week low of $356.77 and a fifty-two week 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 capitalization of $69.24 billion, a price-to-earnings ratio of 44.99, a PEG ratio of 3.82 and a beta of 0.98. The company’s 50 day moving average price is $420.62 and its two-hundred day moving average price is $450.75.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the firm posted $2.81 EPS. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s payout ratio is 36.39%.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Barclays dropped their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. JPMorgan Chase & Co. dropped their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Morgan Stanley boosted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $513.25.

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.