560 Shares in Motorola Solutions, Inc. (NYSE:MSI) Acquired by Traveka Wealth LLC

Traveka Wealth LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 560 shares of the communications equipment provider’s stock, valued at approximately $259,000.

Several other institutional investors also recently made changes to their positions in MSI. LPL Financial LLC grew its position in Motorola Solutions by 18.2% during the second quarter. LPL Financial LLC now owns 102,605 shares of the communications equipment provider’s stock valued at $39,610,000 after acquiring an additional 15,831 shares during the period. American Century Companies Inc. grew its holdings in shares of Motorola Solutions by 32.9% during the 2nd quarter. American Century Companies Inc. now owns 48,666 shares of the communications equipment provider’s stock worth $18,788,000 after purchasing an additional 12,048 shares during the period. Meeder Asset Management Inc. purchased a new position in Motorola Solutions in the second quarter valued at approximately $35,000. Parallel Advisors LLC lifted its position in Motorola Solutions by 3.5% during the second quarter. Parallel Advisors LLC now owns 2,463 shares of the communications equipment provider’s stock valued at $951,000 after buying an additional 83 shares in the last quarter. Finally, Wealthspire Advisors LLC grew its stake in Motorola Solutions by 6.7% during the second quarter. Wealthspire Advisors LLC now owns 874 shares of the communications equipment provider’s stock worth $337,000 after buying an additional 55 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Barclays lifted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Bank of America upped their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price 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. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to 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 0.4 %

NYSE MSI opened at $457.10 on Tuesday. The company has a market capitalization of $76.39 billion, a price-to-earnings ratio of 50.07, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a 12 month low of $314.08 and a 12 month high of $507.82. The company’s fifty day moving average price is $478.37 and its two-hundred day moving average price is $446.26.

Motorola Solutions (NYSE:MSI) last issued 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. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.

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.