Jones Financial Companies Lllp Buys 4,474 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Jones Financial Companies Lllp lifted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 56.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,410 shares of the communications equipment provider’s stock after buying an additional 4,474 shares during the period. Jones Financial Companies Lllp’s holdings in Motorola Solutions were worth $5,736,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the 4th quarter valued at approximately $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the fourth quarter valued at $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions in the third quarter valued at $29,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions in the fourth quarter worth $29,000. Finally, Planning Capital Management Corp acquired a new stake in Motorola Solutions during the third quarter worth $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 1.1 %

NYSE MSI opened at $422.75 on Wednesday. The stock’s 50 day simple moving average is $457.53 and its 200 day simple moving average is $460.99. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a one year low of $329.66 and a one year high of $507.82. The firm has a market cap of $70.57 billion, a PE ratio of 45.85, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02.

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

Motorola Solutions Dividend Announcement

The business 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 dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions’s payout ratio is 47.29%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MSI. Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley upped their price objective on 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 dropped their target price 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, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $505.88.

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.