Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Ethic Inc.

Ethic Inc. lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 17.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,288 shares of the communications equipment provider’s stock after acquiring an additional 2,374 shares during the quarter. Ethic Inc.’s holdings in Motorola Solutions were worth $7,529,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MSI. Center for Financial Planning Inc. grew 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 valued at $2,337,000 after purchasing an additional 25 shares in the last quarter. Prestige Wealth Management Group LLC boosted its stake in shares of Motorola Solutions by 11.9% during the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock valued at $109,000 after buying an additional 25 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its stake in shares of Motorola Solutions by 22.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock valued at $63,000 after buying an additional 25 shares during the last quarter. Wesbanco Bank Inc. increased its stake in shares of Motorola Solutions by 2.1% in the fourth 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 last quarter. Finally, Clark Capital Management Group Inc. increased its stake in shares of Motorola Solutions by 4.3% in the fourth quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 26 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Down 1.1 %

MSI stock opened at $405.86 on Friday. The company has a 50 day moving average of $421.25 and a two-hundred day moving average of $451.82. 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 12-month low of $356.30 and a 12-month high of $507.82. The company has a market cap of $67.76 billion, a price-to-earnings ratio of 44.02, a PEG ratio of 3.82 and a beta of 0.98.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.81 earnings per share. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s payout ratio is 36.39%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on MSI. StockNews.com downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, May 5th. Barclays decreased their price target on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. Morgan Stanley boosted their price objective on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, JPMorgan Chase & Co. reduced their target price on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $513.25.

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.