CreativeOne Wealth LLC Makes New $493,000 Investment in Motorola Solutions, Inc. (NYSE:MSI)

CreativeOne Wealth LLC acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,066 shares of the communications equipment provider’s stock, valued at approximately $493,000.

Other hedge funds have also modified their holdings of the company. World Investment Advisors LLC grew its position in Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after acquiring an additional 35,071 shares during the period. National Pension Service boosted its stake in shares of Motorola Solutions by 22.9% in the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock valued at $217,654,000 after purchasing an additional 87,722 shares in the last quarter. Oddo BHF Asset Management Sas bought a new stake in shares of Motorola Solutions in the 3rd quarter worth about $33,423,000. Merit Financial Group LLC increased its position in shares of Motorola Solutions by 26.4% during the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider’s stock worth $1,573,000 after purchasing an additional 712 shares in the last quarter. Finally, Union Bancaire Privee UBP SA bought a new position in Motorola Solutions during the 4th quarter valued at about $24,136,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Trading Up 0.0 %

MSI stock opened at $420.59 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The company has a market cap of $70.22 billion, a P/E ratio of 45.62, a PEG ratio of 3.82 and a beta of 0.94. The business has a fifty day moving average of $425.25 and a 200-day moving average of $456.37.

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

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analyst Ratings Changes

Several analysts have weighed in on MSI shares. JPMorgan Chase & Co. decreased their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research note on Thursday. Barclays dropped their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $515.25.

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.