Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 8.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,708 shares of the communications equipment provider’s stock after buying an additional 6,051 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Motorola Solutions were worth $36,844,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MSI. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the 4th quarter valued at about $26,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions in the 3rd quarter valued at about $29,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in Motorola Solutions in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Down 3.1 %

NYSE MSI opened at $426.78 on Tuesday. Motorola Solutions, Inc. has a 12 month low of $329.66 and a 12 month high of $507.82. The company has a 50-day moving average of $458.52 and a 200-day moving average of $460.98. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market cap of $71.25 billion, a P/E ratio of 46.29, a P/E/G ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3 billion. As a group, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is currently 47.29%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft boosted 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. Morgan Stanley boosted 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. Barclays cut 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 note on Friday, February 14th. Finally, Raymond James upped their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

About Motorola Solutions

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.