1,553 Shares in Motorola Solutions, Inc. (NYSE:MSI) Acquired by Everett Harris & Co. CA

Everett Harris & Co. CA purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,553 shares of the communications equipment provider’s stock, valued at approximately $718,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Algert Global LLC grew its stake in Motorola Solutions by 75.7% during the 2nd quarter. Algert Global LLC now owns 1,469 shares of the communications equipment provider’s stock valued at $567,000 after purchasing an additional 633 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Motorola Solutions in the second quarter worth $5,021,000. Anchor Investment Management LLC increased its stake in shares of Motorola Solutions by 7.7% in the second quarter. Anchor Investment Management LLC now owns 419 shares of the communications equipment provider’s stock worth $162,000 after acquiring an additional 30 shares during the period. Centaurus Financial Inc. purchased a new position in shares of Motorola Solutions during the second quarter worth $167,000. Finally, Czech National Bank lifted its position in Motorola Solutions by 6.9% during the third quarter. Czech National Bank now owns 33,987 shares of the communications equipment provider’s stock valued at $15,282,000 after purchasing an additional 2,205 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.8 %

Motorola Solutions stock opened at $468.89 on Friday. The stock has a 50 day moving average of $472.39 and a two-hundred day moving average of $453.14. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The stock has a market capitalization of $78.36 billion, a price-to-earnings ratio of 51.36, a PEG ratio of 3.41 and a beta of 1.01. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.

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

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analysts Set New Price Targets

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

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.