Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by PFG Investments LLC

PFG Investments LLC grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,668 shares of the communications equipment provider’s stock after purchasing an additional 32 shares during the period. PFG Investments LLC’s holdings in Motorola Solutions were worth $771,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. FSA Wealth Management LLC acquired a new stake in Motorola Solutions during the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Motorola Solutions during the third quarter worth about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions during the second quarter worth about $32,000. Planning Capital Management Corp acquired a new stake in Motorola Solutions during the third quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions during the third quarter worth about $33,000. Institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

MSI has been the topic of several research reports. Barclays increased their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their price objective 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. Raymond James raised their price target 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. Bank of America raised their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Morgan Stanley raised their price target 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. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Price Performance

NYSE MSI opened at $465.59 on Wednesday. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The firm has a market capitalization of $77.81 billion, a PE ratio of 51.00, a P/E/G ratio of 3.47 and a beta of 1.01. The company’s 50 day simple moving average is $474.49 and its 200 day simple moving average is $451.87.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. 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 currently 47.75%.

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.