Motorola Solutions, Inc. (NYSE:MSI) Position Increased by Schear Investment Advisers LLC

Schear Investment Advisers LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 9.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,378 shares of the communications equipment provider’s stock after purchasing an additional 370 shares during the period. Motorola Solutions comprises about 1.1% of Schear Investment Advisers LLC’s holdings, making the stock its 24th largest position. Schear Investment Advisers LLC’s holdings in Motorola Solutions were worth $2,024,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the fourth quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions during the 4th quarter worth $26,000. FSA Wealth Management LLC bought a new position in shares of Motorola Solutions during the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $31,000. Finally, Planning Capital Management Corp bought a new stake in Motorola Solutions in the third quarter worth $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on MSI shares. Barclays boosted their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Bank of America increased their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Raymond James boosted their price objective on shares of 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 raised their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Finally, StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Stock Down 1.5 %

Shares of MSI opened at $474.54 on Wednesday. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The firm has a market capitalization of $79.30 billion, a P/E ratio of 51.98, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a 50-day simple moving average of $470.08 and a 200-day simple moving average of $457.58. 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 Increases Dividend

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

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.