Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by GeoWealth Management LLC

GeoWealth Management LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 75.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,797 shares of the communications equipment provider’s stock after purchasing an additional 771 shares during the period. GeoWealth Management LLC’s holdings in Motorola Solutions were worth $831,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several research firms have recently commented on MSI. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. JPMorgan Chase & Co. cut their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a report on Thursday. Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Finally, StockNews.com upgraded shares of 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 assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $515.25.

Motorola Solutions Stock Up 0.0 %

Shares of NYSE:MSI opened at $420.59 on Friday. The company’s fifty day moving average is $425.25 and its two-hundred day moving average is $456.41. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The stock has a market capitalization of $70.22 billion, a price-to-earnings ratio of 45.62, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94.

Motorola Solutions (NYSE:MSI) last released 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

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 $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

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.