Essential Planning LLC. Takes $2.62 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Essential Planning LLC. purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,525 shares of the communications equipment provider’s stock, valued at approximately $2,619,000.

A number of other large investors also recently made changes to their positions in the stock. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions during the 3rd quarter worth about $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

MSI stock opened at $413.42 on Thursday. The firm has a market cap of $69.01 billion, a price-to-earnings ratio of 44.84, a PEG ratio of 3.82 and a beta of 1.03. 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 12-month low of $332.98 and a 12-month high of $507.82. The company’s fifty day simple moving average is $451.80 and its 200 day simple moving average is $460.45.

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

Motorola Solutions Dividend Announcement

The business also recently declared 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. This represents a $4.36 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Analysts Set New Price Targets

MSI has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Barclays lowered their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley lifted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

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.