Fifth Third Wealth Advisors LLC Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Fifth Third Wealth Advisors LLC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 44.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,113 shares of the communications equipment provider’s stock after buying an additional 951 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Motorola Solutions were worth $1,439,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Accurate Wealth Management LLC acquired a new position in Motorola Solutions during the fourth quarter worth $339,000. Cullen Investment Group LTD. increased its stake in shares of Motorola Solutions by 0.7% during the fourth quarter. Cullen Investment Group LTD. now owns 21,842 shares of the communications equipment provider’s stock worth $10,096,000 after purchasing an additional 152 shares in the last quarter. Traveka Wealth LLC acquired a new position in shares of Motorola Solutions during the 4th quarter worth about $259,000. Miracle Mile Advisors LLC lifted its stake in Motorola Solutions by 7.7% in the 4th quarter. Miracle Mile Advisors LLC now owns 1,293 shares of the communications equipment provider’s stock valued at $598,000 after buying an additional 92 shares in the last quarter. Finally, Northstar Advisory Group LLC boosted its holdings in Motorola Solutions by 3.3% in the 4th quarter. Northstar Advisory Group LLC now owns 4,097 shares of the communications equipment provider’s stock worth $1,894,000 after buying an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MSI. Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley upped their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Barclays raised their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Finally, Raymond James upped their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Stock Down 0.2 %

Shares of NYSE MSI opened at $459.72 on Thursday. The company has a market capitalization of $76.83 billion, a P/E ratio of 50.35, a P/E/G ratio of 3.70 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company has a 50 day simple moving average of $478.34 and a 200-day simple moving average of $446.78. Motorola Solutions, Inc. has a 1 year low of $314.08 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, equities research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 0.95%. The ex-dividend date was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is 47.75%.

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.