SRS Capital Advisors Inc. Has $480,000 Holdings in Motorola Solutions, Inc. (NYSE:MSI)

SRS Capital Advisors Inc. boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 959.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,038 shares of the communications equipment provider’s stock after purchasing an additional 940 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Motorola Solutions were worth $480,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $29,000. Finally, Planning Capital Management Corp acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 3.1 %

Shares of NYSE:MSI opened at $426.78 on Tuesday. Motorola Solutions, Inc. has a 12 month low of $329.66 and a 12 month high of $507.82. The company’s 50-day moving average price is $458.52 and its two-hundred day moving average price is $460.98. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm has a market cap of $71.25 billion, a P/E ratio of 46.29, a P/E/G ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. As a group, research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is 47.29%.

Wall Street Analyst Weigh In

MSI has been the subject of a number of recent research reports. Morgan Stanley increased their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Raymond James increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target 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.