J.Safra Asset Management Corp Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

J.Safra Asset Management Corp boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 62.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 346 shares of the communications equipment provider’s stock after purchasing an additional 133 shares during the quarter. J.Safra Asset Management Corp’s holdings in Motorola Solutions were worth $160,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions during the third quarter valued at approximately $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

MSI has been the subject of several recent research reports. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley increased their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Finally, Raymond James increased their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Trading Up 0.8 %

MSI opened at $426.42 on Thursday. Motorola Solutions, Inc. has a 52 week low of $329.70 and a 52 week high of $507.82. The business has a fifty day simple moving average of $456.61 and a 200-day simple moving average of $460.75. The firm has a market cap of $71.18 billion, a P/E ratio of 46.25, a P/E/G ratio of 3.82 and a beta of 1.02. 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 (NYSE:MSI) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. On average, equities analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

About Motorola Solutions

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.