Vest Financial LLC Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Vest Financial LLC lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 25.3% during the 4th quarter, HoldingsChannel reports. The fund owned 2,252 shares of the communications equipment provider’s stock after acquiring an additional 454 shares during the period. Vest Financial LLC’s holdings in Motorola Solutions were worth $1,041,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions during the fourth quarter valued at about $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions during the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Motorola Solutions in the 3rd quarter worth about $31,000. Finally, Planning Capital Management Corp acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at about $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Motorola Solutions Stock Down 0.6 %

Shares of NYSE MSI opened at $479.40 on Monday. The firm has a market cap of $80.12 billion, a price-to-earnings ratio of 52.51, a PEG ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock’s 50-day simple moving average is $470.40 and its 200-day simple moving average is $456.45.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared 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 was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.91%. Motorola Solutions’s dividend payout ratio is currently 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.