HighPoint Advisor Group LLC Purchases 59 Shares of Motorola Solutions, Inc. (NYSE:MSI)

HighPoint Advisor Group LLC boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,019 shares of the communications equipment provider’s stock after buying an additional 59 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Motorola Solutions were worth $3,806,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Motorola Solutions during the 4th quarter valued at $1,528,949,000. Norges Bank bought a new position in shares of Motorola Solutions during the fourth quarter worth approximately $1,073,645,000. Arrowstreet Capital Limited Partnership boosted its stake in Motorola Solutions by 330.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider’s stock valued at $291,922,000 after purchasing an additional 484,727 shares during the period. Proficio Capital Partners LLC boosted its position in shares of Motorola Solutions by 56,562.5% in the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after acquiring an additional 315,053 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Motorola Solutions by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after acquiring an additional 310,919 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.2 %

Shares of MSI opened at $433.38 on Monday. The stock’s 50-day moving average price is $443.47 and its two-hundred day moving average price is $459.62. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The company has a market capitalization of $72.35 billion, a PE ratio of 47.00, a PEG ratio of 3.82 and a beta of 1.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data 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 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 analyst estimates of $3 billion. On average, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.01%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Finally, Morgan Stanley lifted their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.