2,312 Shares in Motorola Solutions, Inc. (NYSE:MSI) Bought by Tyche Wealth Partners LLC

Tyche Wealth Partners LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,312 shares of the communications equipment provider’s stock, valued at approximately $1,068,000.

Other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC lifted its holdings in Motorola Solutions by 5,403.9% during the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock valued at $16,061,000 after buying an additional 35,071 shares in the last quarter. Versor Investments LP purchased a new position in shares of Motorola Solutions during the third quarter worth approximately $449,000. Groupama Asset Managment raised its stake in shares of Motorola Solutions by 8.6% during the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after acquiring an additional 46,731 shares in the last quarter. Los Angeles Capital Management LLC boosted its holdings in shares of Motorola Solutions by 8.5% in the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after purchasing an additional 32,157 shares during the period. Finally, Oddo BHF Asset Management Sas bought a new position in Motorola Solutions in the third quarter worth approximately $33,423,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 2.0 %

Motorola Solutions stock opened at $480.80 on Thursday. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. The business has a fifty day moving average price of $471.59 and a 200-day moving average price of $455.09. 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 stock has a market capitalization of $80.35 billion, a price-to-earnings ratio of 52.66, a PEG ratio of 3.45 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for 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%. 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 declared 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 represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.75%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Bank of America upped their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays raised their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Morgan Stanley increased their price objective 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. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

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.