Premier Path Wealth Partners LLC Grows Position in Motorola Solutions, Inc. (NYSE:MSI)

Premier Path Wealth Partners LLC grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,664 shares of the communications equipment provider’s stock after buying an additional 27 shares during the period. Premier Path Wealth Partners LLC’s holdings in Motorola Solutions were worth $769,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions during the 3rd quarter valued at approximately $31,000. Planning Capital Management Corp bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $32,000. MidAtlantic Capital Management Inc. purchased a new position in shares of Motorola Solutions in the third quarter worth $33,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Motorola Solutions during the second quarter worth $32,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on MSI. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Bank of America raised their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Barclays upped their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a 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 report on Tuesday, December 17th. Finally, Raymond James increased their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Trading Up 0.5 %

Shares of NYSE MSI opened at $465.23 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week 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 company has a market cap of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01. The business’s 50 day moving average price is $477.21 and its 200-day moving average price is $447.53.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, sell-side 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. Stockholders of record on Friday, December 13th were given a dividend of $1.09 per share. 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 dividend yield of 0.94%. Motorola Solutions’s dividend payout ratio (DPR) is 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.