Focus Partners Wealth Buys 3,485 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Focus Partners Wealth lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 73.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,238 shares of the communications equipment provider’s stock after acquiring an additional 3,485 shares during the period. Focus Partners Wealth’s holdings in Motorola Solutions were worth $3,848,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Ethic Inc. increased its position in shares of Motorola Solutions by 17.1% during the fourth quarter. Ethic Inc. now owns 16,288 shares of the communications equipment provider’s stock worth $7,529,000 after acquiring an additional 2,374 shares in the last quarter. FORA Capital LLC bought a new position in Motorola Solutions in the fourth quarter valued at $407,000. Fred Alger Management LLC bought a new position in Motorola Solutions in the fourth quarter valued at $244,000. Clark Capital Management Group Inc. grew its position in 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 valued at $294,000 after purchasing an additional 26 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its position in Motorola Solutions by 12.3% in the fourth quarter. EP Wealth Advisors LLC now owns 2,042 shares of the communications equipment provider’s stock valued at $944,000 after purchasing an additional 223 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI opened at $414.81 on Thursday. The firm has a 50-day moving average of $420.62 and a 200-day moving average of $450.75. Motorola Solutions, Inc. has a one year low of $356.77 and a one year high of $507.82. The company has a market cap of $69.24 billion, a PE ratio of 44.99, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Motorola Solutions’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.81 EPS. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 36.39%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Wednesday. Barclays decreased their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. JPMorgan Chase & Co. decreased their target price on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Finally, Morgan Stanley lifted 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 report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target 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.