Columbus Macro LLC Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Columbus Macro LLC lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 357.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 11,194 shares of the communications equipment provider’s stock after purchasing an additional 8,748 shares during the period. Columbus Macro LLC’s holdings in Motorola Solutions were worth $5,174,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new stake in Motorola Solutions during the fourth quarter worth about $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions during the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp purchased a new position in Motorola Solutions in the 3rd quarter valued at $32,000. Institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

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

Motorola Solutions Stock Up 0.9 %

Shares of Motorola Solutions stock opened at $473.36 on Tuesday. The company has a market cap of $79.11 billion, a P/E ratio of 51.85, a PEG ratio of 3.45 and a beta of 1.02. The firm has a fifty day moving average of $472.39 and a two-hundred day moving average of $453.96. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a one year low of $314.84 and a one 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 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. On average, analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. Motorola Solutions’s payout ratio is currently 47.75%.

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.