Great Lakes Advisors LLC Purchases 5,654 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Great Lakes Advisors LLC raised its stake in Motorola Solutions, Inc. (NYSE:MSI) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 245,750 shares of the communications equipment provider’s stock after acquiring an additional 5,654 shares during the period. Motorola Solutions makes up 1.0% of Great Lakes Advisors LLC’s portfolio, making the stock its 25th largest holding. Great Lakes Advisors LLC’s holdings in Motorola Solutions were worth $113,593,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in MSI. Raymond James Financial Inc. bought a new stake in Motorola Solutions during the 4th quarter valued at about $1,528,949,000. Mizuho Securities USA LLC grew its position in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after purchasing an additional 572,040 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in shares of Motorola Solutions by 56,562.5% in the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after acquiring an additional 315,053 shares during the last quarter. State Street Corp raised its position in Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares during the period. Finally, Barclays PLC raised its position in shares of Motorola Solutions by 29.6% in the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after buying an additional 165,353 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Morgan Stanley raised their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Barclays decreased their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Down 0.9 %

NYSE:MSI opened at $412.10 on Wednesday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company has a market cap of $68.80 billion, a PE ratio of 44.70, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. The stock has a 50-day simple moving average of $452.78 and a 200 day simple moving average of $460.78.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

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.