Avantax Advisory Services Inc. Has $5.28 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Avantax Advisory Services Inc. raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 44.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,418 shares of the communications equipment provider’s stock after purchasing an additional 3,531 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Motorola Solutions were worth $5,278,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Essential Planning LLC. bought a new position in shares of Motorola Solutions in the 4th quarter valued at about $2,619,000. Great Lakes Advisors LLC grew its holdings in shares of Motorola Solutions by 2.4% in the 4th quarter. Great Lakes Advisors LLC now owns 245,750 shares of the communications equipment provider’s stock valued at $113,593,000 after acquiring an additional 5,654 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Motorola Solutions by 7.6% in the 4th quarter. Farther Finance Advisors LLC now owns 995 shares of the communications equipment provider’s stock valued at $460,000 after acquiring an additional 70 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Motorola Solutions by 98.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,052 shares of the communications equipment provider’s stock valued at $486,000 after acquiring an additional 521 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Motorola Solutions by 19.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 7,026 shares of the communications equipment provider’s stock valued at $3,248,000 after acquiring an additional 1,120 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Up 1.0 %

Motorola Solutions stock opened at $418.07 on Friday. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The stock has a market capitalization of $69.79 billion, a P/E ratio of 45.34, a PEG ratio of 3.82 and a beta of 1.03. The stock has a 50-day simple moving average of $450.02 and a 200 day simple moving average of $460.04. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28.

Motorola Solutions (NYSE:MSI) last posted its 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 net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. Analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, 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 report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.