EverSource Wealth Advisors LLC Purchases 521 Shares of Motorola Solutions, Inc. (NYSE:MSI)

EverSource Wealth Advisors LLC increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 98.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,052 shares of the communications equipment provider’s stock after buying an additional 521 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Motorola Solutions were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of MSI. Venturi Wealth Management LLC lifted its holdings in shares of Motorola Solutions by 33.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 154 shares of the communications equipment provider’s stock worth $69,000 after acquiring an additional 39 shares during the last quarter. Versor Investments LP purchased a new position in Motorola Solutions in the 3rd quarter worth $449,000. Entropy Technologies LP bought a new stake in Motorola Solutions in the third quarter worth $719,000. Harbour Investments Inc. boosted its position in Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after buying an additional 26 shares during the period. Finally, GSA Capital Partners LLP bought a new position in shares of Motorola Solutions during the third quarter valued at about $1,272,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MSI. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley lifted their target price 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. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $418.07 on Friday. The business has a 50 day moving average of $450.02 and a 200 day moving average of $460.04. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The company has a market cap of $69.79 billion, a PE ratio of 45.34, a P/E/G ratio of 3.82 and a beta of 1.03. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data 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 return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.04%. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

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.