Commonwealth Equity Services LLC Has $20.44 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Commonwealth Equity Services LLC lifted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 5.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,222 shares of the communications equipment provider’s stock after buying an additional 2,192 shares during the period. Commonwealth Equity Services LLC’s holdings in Motorola Solutions were worth $20,441,000 at the end of the most recent reporting period.

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

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $418.07 on Monday. The company has a market cap of $69.79 billion, a PE ratio of 45.34, a PEG ratio of 3.82 and a beta of 1.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The company’s 50-day moving average is $450.02 and its two-hundred day moving average is $460.41.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data 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). The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analyst Ratings Changes

Several research analysts have recently commented on MSI shares. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley increased their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Company 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.