Avitas Wealth Management LLC Acquires 53 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Avitas Wealth Management LLC increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,583 shares of the communications equipment provider’s stock after purchasing an additional 53 shares during the period. Avitas Wealth Management LLC’s holdings in Motorola Solutions were worth $3,505,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $25,000. Crews Bank & Trust bought a new stake in Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions during the 3rd quarter worth about $31,000. Finally, Planning Capital Management Corp acquired a new position in shares of Motorola Solutions during the third quarter valued at about $32,000. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

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

Motorola Solutions Trading Down 0.4 %

Shares of NYSE MSI opened at $471.59 on Wednesday. The company has a 50-day moving average of $472.09 and a two-hundred day moving average of $454.52. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The company has a market cap of $78.81 billion, a PE ratio of 51.65, a P/E/G ratio of 3.45 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping 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 firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. As a group, equities analysts expect 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 was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. Motorola Solutions’s dividend payout ratio (DPR) is presently 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.