Motorola Solutions, Inc. (NYSE:MSI) Stock Position Lifted by Hazlett Burt & Watson Inc.

Hazlett Burt & Watson Inc. lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 22.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 136 shares of the communications equipment provider’s stock after purchasing an additional 25 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Motorola Solutions were worth $63,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Tradition Wealth Management LLC raised its position in shares of Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 21 shares in the last quarter. Center for Financial Planning Inc. increased its stake in shares of Motorola Solutions by 0.5% during the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after acquiring an additional 25 shares during the period. Prestige Wealth Management Group LLC lifted its position in Motorola Solutions by 11.9% in the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock worth $109,000 after purchasing an additional 25 shares during the period. Wesbanco Bank Inc. lifted its position in Motorola Solutions by 2.1% in the fourth quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock worth $596,000 after purchasing an additional 26 shares during the period. Finally, Premier Path Wealth Partners LLC increased its position in shares of Motorola Solutions by 1.6% during the 4th quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider’s stock valued at $769,000 after purchasing an additional 27 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on MSI shares. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Price Performance

MSI stock opened at $438.07 on Tuesday. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The firm has a 50-day moving average of $442.93 and a two-hundred day moving average of $459.61. The firm has a market capitalization of $73.13 billion, a PE ratio of 47.51, a P/E/G ratio of 3.82 and a beta of 1.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

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

Motorola Solutions Announces Dividend

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. This represents a $4.36 annualized dividend and a yield of 1.00%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

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.