Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI) by 18.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,619 shares of the communications equipment provider’s stock after buying an additional 6,177 shares during the quarter. HighTower Advisors LLC’s holdings in Motorola Solutions were worth $18,313,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp raised its stake in shares of Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Motorola Solutions by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after purchasing an additional 89,320 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at about $1,528,949,000. Bank of New York Mellon Corp raised its stake in shares of Motorola Solutions by 8.5% in the 4th quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider’s stock valued at $595,026,000 after purchasing an additional 100,454 shares in the last quarter. Finally, Swedbank AB raised its stake in shares of Motorola Solutions by 0.3% in the 4th quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock valued at $474,708,000 after purchasing an additional 3,040 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE 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 company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a market cap of $69.79 billion, a price-to-earnings ratio of 45.34, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company has a 50-day moving average price of $450.02 and a two-hundred day moving average price of $460.23.

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

Motorola Solutions Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley upped 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 note on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped 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. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Barclays dropped their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.