Ritholtz Wealth Management Has $2.22 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Ritholtz Wealth Management grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 5.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,795 shares of the communications equipment provider’s stock after acquiring an additional 266 shares during the period. Ritholtz Wealth Management’s holdings in Motorola Solutions were worth $2,216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. FSA Wealth Management LLC acquired a new position in Motorola Solutions in the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the third quarter valued at about $31,000. Strategic Investment Solutions Inc. IL acquired a new position in Motorola Solutions during the 2nd quarter worth about $32,000. Planning Capital Management Corp bought a new stake in Motorola Solutions during the 3rd quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions in the 3rd quarter valued at about $33,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSI has been the topic of a number of research reports. Morgan Stanley upped their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Raymond James upped their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Barclays lifted their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Bank of America upped their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Stock Up 0.5 %

Shares of Motorola Solutions stock opened at $465.23 on Friday. The business has a fifty day simple moving average of $478.00 and a 200 day simple moving average of $446.98. The stock has a market cap of $77.75 billion, a PE ratio of 50.96, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Research analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.94%. Motorola Solutions’s dividend payout ratio (DPR) is 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.