Hazlett Burt & Watson Inc. Has $63,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Hazlett Burt & Watson Inc. raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 22.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 136 shares of the communications equipment provider’s stock after purchasing an additional 25 shares during the period. Hazlett Burt & Watson Inc.’s holdings in Motorola Solutions were worth $63,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MSI. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the fourth quarter valued at $1,528,949,000. Norges Bank acquired a new stake in shares of Motorola Solutions during the 4th quarter valued at about $1,073,645,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock valued at $291,922,000 after buying an additional 484,727 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in Motorola Solutions by 56,562.5% in the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock worth $145,884,000 after buying an additional 315,053 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Motorola Solutions by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after acquiring an additional 310,919 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

Several research firms have commented on MSI. Barclays decreased their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Morgan Stanley increased their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Up 1.2 %

MSI stock opened at $438.07 on Tuesday. The stock has a market capitalization of $73.13 billion, a price-to-earnings ratio of 47.51, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The company has a 50-day moving average of $442.93 and a two-hundred day moving average of $459.61. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-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.

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

Motorola Solutions Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.00%. 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.