Resurgent Financial Advisors LLC Acquires 38 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Resurgent Financial Advisors LLC raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,290 shares of the communications equipment provider’s stock after purchasing an additional 38 shares during the quarter. Resurgent Financial Advisors LLC’s holdings in Motorola Solutions were worth $1,059,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Center for Financial Planning Inc. grew its position in Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after acquiring an additional 25 shares during the last quarter. Prestige Wealth Management Group LLC boosted its stake in shares of Motorola Solutions by 11.9% during the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after purchasing an additional 25 shares during the period. Hazlett Burt & Watson Inc. grew its holdings in shares of Motorola Solutions by 22.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock worth $63,000 after purchasing an additional 25 shares during the last quarter. Wesbanco Bank Inc. increased its stake in Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock worth $596,000 after buying an additional 26 shares during the period. Finally, Premier Path Wealth Partners LLC lifted its holdings in Motorola Solutions by 1.6% during the 4th quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider’s stock valued at $769,000 after buying an additional 27 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on MSI. Morgan Stanley raised their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, April 9th. Finally, Barclays lowered their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Price Performance

MSI opened at $430.57 on Wednesday. The firm has a market capitalization of $71.89 billion, a PE ratio of 46.70, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The business’s 50-day moving average is $428.69 and its two-hundred day moving average is $457.01. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82.

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

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

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.