Kesler Norman & Wride LLC Increases Position in Motorola Solutions, Inc. (NYSE:MSI)

Kesler Norman & Wride LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI) by 34.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,643 shares of the communications equipment provider’s stock after acquiring an additional 424 shares during the period. Kesler Norman & Wride LLC’s holdings in Motorola Solutions were worth $761,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. World Investment Advisors LLC boosted its position in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after acquiring an additional 35,071 shares during the last quarter. Groupama Asset Managment boosted its holdings in shares of Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after purchasing an additional 46,731 shares during the last quarter. National Pension Service grew its stake in shares of Motorola Solutions by 22.9% during the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock valued at $217,654,000 after buying an additional 87,722 shares during the period. Oddo BHF Asset Management Sas acquired a new stake in shares of Motorola Solutions during the 3rd quarter worth $33,423,000. Finally, Merit Financial Group LLC raised its position in shares of Motorola Solutions by 26.4% in the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider’s stock worth $1,573,000 after buying an additional 712 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Trading Up 0.3 %

MSI opened at $437.48 on Thursday. The firm has a market capitalization of $73.03 billion, a P/E ratio of 47.45, a P/E/G ratio of 3.82 and a beta of 1.03. The firm’s 50 day moving average is $441.61 and its 200-day moving average is $459.41. 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, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share 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 during the quarter, compared to analysts’ expectations of $3 billion. Analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed 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 of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.00%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MSI. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Morgan Stanley increased 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 report on Friday, February 14th. Finally, Barclays cut their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report 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. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

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.