Kathmere Capital Management LLC Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Kathmere Capital Management LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 15.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 673 shares of the communications equipment provider’s stock after purchasing an additional 92 shares during the period. Kathmere Capital Management LLC’s holdings in Motorola Solutions were worth $311,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $1,156,000. Fifth Third Wealth Advisors LLC increased its position in Motorola Solutions by 44.0% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 3,113 shares of the communications equipment provider’s stock worth $1,439,000 after buying an additional 951 shares during the last quarter. Accurate Wealth Management LLC bought a new stake in shares of Motorola Solutions in the fourth quarter valued at $339,000. Cullen Investment Group LTD. lifted its position in shares of Motorola Solutions by 0.7% during the 4th quarter. Cullen Investment Group LTD. now owns 21,842 shares of the communications equipment provider’s stock valued at $10,096,000 after buying an additional 152 shares during the last quarter. Finally, Traveka Wealth LLC bought a new position in shares of Motorola Solutions during the 4th quarter worth $259,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $462.69 on Friday. The firm has a market capitalization of $77.32 billion, a P/E ratio of 50.68, a P/E/G ratio of 3.35 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock’s 50-day simple moving average is $478.15 and its two-hundred day simple moving average is $446.87. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Wall Street Analysts Forecast Growth

Several research firms have commented on MSI. Morgan Stanley upped their price objective 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. Raymond James raised their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. 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 report on Tuesday, November 26th. Bank of America raised 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, Barclays boosted their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $504.88.

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.