Geneos Wealth Management Inc. Has $5.99 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Geneos Wealth Management Inc. lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 12,967 shares of the communications equipment provider’s stock after buying an additional 168 shares during the period. Geneos Wealth Management Inc.’s holdings in Motorola Solutions were worth $5,994,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Fifth Third Bancorp raised its position in Motorola Solutions by 108.2% in the 4th quarter. Fifth Third Bancorp now owns 14,532 shares of the communications equipment provider’s stock worth $6,717,000 after purchasing an additional 7,551 shares during the last quarter. Cottonwood Capital Advisors LLC increased its stake in shares of Motorola Solutions by 25.7% in the 4th quarter. Cottonwood Capital Advisors LLC now owns 719 shares of the communications equipment provider’s stock valued at $332,000 after buying an additional 147 shares during the period. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT raised its position in shares of Motorola Solutions by 25.0% during the fourth quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 5,000 shares of the communications equipment provider’s stock worth $2,311,000 after acquiring an additional 1,000 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of Motorola Solutions by 17.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 7,669 shares of the communications equipment provider’s stock valued at $3,545,000 after acquiring an additional 1,131 shares during the period. Finally, Berbice Capital Management LLC bought a new position in Motorola Solutions in the fourth quarter valued at about $259,000. 84.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MSI. Barclays boosted 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. Bank of America increased their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Raymond James lifted their target price 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. Morgan Stanley increased 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. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Price Performance

MSI opened at $479.49 on Friday. The stock has a market cap of $80.13 billion, a P/E ratio of 52.52, a P/E/G ratio of 3.47 and a beta of 1.01. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. 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 company has a fifty day simple moving average of $474.94 and a 200 day simple moving average of $450.48.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The company 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, research analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 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.