Raub Brock Capital Management LP Buys Shares of 38,194 Motorola Solutions, Inc. (NYSE:MSI)

Raub Brock Capital Management LP bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,194 shares of the communications equipment provider’s stock, valued at approximately $17,654,000. Motorola Solutions makes up 3.8% of Raub Brock Capital Management LP’s portfolio, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. FSA Wealth Management LLC bought a new position in Motorola Solutions in the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions during the third quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL bought a new stake in Motorola Solutions during the 2nd quarter worth approximately $32,000. Planning Capital Management Corp bought a new position in shares of Motorola Solutions in the third quarter worth $32,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in Motorola Solutions during the third quarter worth about $33,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Up 0.5 %

MSI opened at $465.23 on Friday. Motorola Solutions, Inc. has a one year low of $314.84 and a one year 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 business has a 50 day simple moving average of $477.21 and a two-hundred day simple moving average of $447.53. The firm has a market capitalization of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last announced its earnings results 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. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 47.75%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on MSI shares. Morgan Stanley lifted their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Bank of America raised their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Raymond James boosted their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Barclays raised 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. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $504.88.

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.