Avantax Advisory Services Inc. Buys 3,531 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Avantax Advisory Services Inc. lifted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 44.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,418 shares of the communications equipment provider’s stock after purchasing an additional 3,531 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Motorola Solutions were worth $5,278,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $29,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions in the third quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $30,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley upped their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Up 1.0 %

Shares of MSI opened at $418.07 on Friday. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The stock has a market capitalization of $69.79 billion, a price-to-earnings ratio of 45.34, a PEG ratio of 3.82 and a beta of 1.03. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a fifty day moving average of $450.02 and a 200-day moving average of $460.04.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $3 billion. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

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.