Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 56,562.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 315,610 shares of the communications equipment provider’s stock after acquiring an additional 315,053 shares during the quarter. Proficio Capital Partners LLC owned approximately 0.19% of Motorola Solutions worth $145,884,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Synergy Asset Management LLC purchased a new position in Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions in the third quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions during the third quarter worth about $31,000. Finally, Planning Capital Management Corp purchased a new stake in Motorola Solutions during the 3rd quarter valued at about $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on MSI shares. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Raymond James raised their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Barclays dropped their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Down 0.2 %

Motorola Solutions stock opened at $425.72 on Thursday. The company has a market capitalization of $71.07 billion, a PE ratio of 46.17, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a fifty-two week low of $326.22 and a fifty-two week high of $507.82. The firm has a 50 day moving average price of $460.64 and a 200 day moving average price of $460.33.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3 billion. Research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.02%. 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.