Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by HB Wealth Management LLC

HB Wealth Management LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 12.6% during the fourth quarter, Holdings Channel reports. The firm owned 6,374 shares of the communications equipment provider’s stock after acquiring an additional 711 shares during the period. HB Wealth Management LLC’s holdings in Motorola Solutions were worth $2,948,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of MSI. XTX Topco Ltd increased its holdings in shares of Motorola Solutions by 5.8% in the second quarter. XTX Topco Ltd now owns 838 shares of the communications equipment provider’s stock valued at $324,000 after purchasing an additional 46 shares during the period. Brighton Jones LLC boosted its stake in shares of Motorola Solutions by 6.5% in the second quarter. Brighton Jones LLC now owns 902 shares of the communications equipment provider’s stock worth $348,000 after buying an additional 55 shares during the last quarter. Ieq Capital LLC boosted its stake in shares of Motorola Solutions by 10.9% in the second quarter. Ieq Capital LLC now owns 9,024 shares of the communications equipment provider’s stock worth $3,483,000 after buying an additional 888 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Motorola Solutions by 23.1% in the second quarter. Canada Pension Plan Investment Board now owns 103,305 shares of the communications equipment provider’s stock worth $39,881,000 after buying an additional 19,399 shares during the last quarter. Finally, Bridges Investment Management Inc. purchased a new stake in shares of Motorola Solutions in the second quarter worth about $346,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Motorola Solutions Trading Up 0.5 %

MSI opened at $465.23 on Monday. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The business has a fifty day simple moving average of $477.21 and a 200-day simple moving average of $447.95. The firm has a market cap of $77.75 billion, a P/E ratio of 50.96, a P/E/G ratio of 3.35 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. On average, equities analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. Motorola Solutions’s dividend payout ratio (DPR) is 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.