Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 44.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,113 shares of the communications equipment provider’s stock after acquiring an additional 951 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Motorola Solutions were worth $1,439,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. lifted its position in shares of Motorola Solutions by 32.9% during the second quarter. American Century Companies Inc. now owns 48,666 shares of the communications equipment provider’s stock worth $18,788,000 after purchasing an additional 12,048 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Motorola Solutions by 19.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 702,664 shares of the communications equipment provider’s stock worth $271,268,000 after buying an additional 112,738 shares in the last quarter. E Fund Management Co. Ltd. lifted its holdings in Motorola Solutions by 40.6% during the 2nd quarter. E Fund Management Co. Ltd. now owns 1,934 shares of the communications equipment provider’s stock worth $747,000 after buying an additional 558 shares in the last quarter. SYSTM Wealth Solutions LLC boosted its position in Motorola Solutions by 9.4% in the 2nd quarter. SYSTM Wealth Solutions LLC now owns 9,122 shares of the communications equipment provider’s stock valued at $3,524,000 after buying an additional 784 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of Motorola Solutions by 0.3% in the second quarter. Mercer Global Advisors Inc. ADV now owns 35,933 shares of the communications equipment provider’s stock worth $13,872,000 after acquiring an additional 92 shares in the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MSI. Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Barclays boosted their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Finally, Morgan Stanley increased their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Stock Performance

Shares of MSI opened at $459.72 on Thursday. The company’s 50 day simple moving average is $478.34 and its 200-day simple moving average is $446.78. The firm has a market cap of $76.83 billion, a PE ratio of 50.35, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01. Motorola Solutions, Inc. has a 12-month low of $314.08 and a 12-month high of $507.82. 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) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. As a group, equities analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a dividend of $1.09 per share. The ex-dividend date was Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.95%. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.