Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 18.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,619 shares of the communications equipment provider’s stock after purchasing an additional 6,177 shares during the period. HighTower Advisors LLC’s holdings in Motorola Solutions were worth $18,313,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of MSI. State Street Corp raised its holdings in Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after acquiring an additional 198,183 shares during the last quarter. Geode Capital Management LLC raised its holdings in Motorola Solutions by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after acquiring an additional 89,320 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at $1,528,949,000. Bank of New York Mellon Corp raised its holdings in Motorola Solutions by 8.5% in the 4th quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider’s stock valued at $595,026,000 after acquiring an additional 100,454 shares during the last quarter. Finally, Swedbank AB raised its holdings in Motorola Solutions by 0.3% in the 4th quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock valued at $474,708,000 after acquiring an additional 3,040 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 1.0 %

Shares of NYSE MSI opened at $418.07 on Friday. The firm has a fifty day moving average of $450.02 and a 200-day moving average of $460.23. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. 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 PE ratio of 45.34, a P/E/G ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last announced its quarterly 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MSI shares. Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a 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 boosted 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 analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

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.