Apollon Financial LLC Takes $218,000 Position in Motorola Solutions, Inc. (NYSE:MSI)

Apollon Financial LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 471 shares of the communications equipment provider’s stock, valued at approximately $218,000.

Several other institutional investors have also added to or reduced their stakes in MSI. CWM LLC increased its holdings in shares of Motorola Solutions by 1.7% during the third quarter. CWM LLC now owns 7,496 shares of the communications equipment provider’s stock worth $3,371,000 after purchasing an additional 126 shares during the period. Sanibel Captiva Trust Company Inc. acquired a new stake in Motorola Solutions during the third quarter worth approximately $213,000. UMB Bank n.a. increased its stake in Motorola Solutions by 10.0% during the 3rd quarter. UMB Bank n.a. now owns 661 shares of the communications equipment provider’s stock worth $297,000 after acquiring an additional 60 shares during the period. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Motorola Solutions by 22.5% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,631 shares of the communications equipment provider’s stock valued at $734,000 after acquiring an additional 300 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its position in shares of Motorola Solutions by 0.3% during the 3rd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 15,224 shares of the communications equipment provider’s stock valued at $6,845,000 after acquiring an additional 40 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MSI has been the topic of a number of recent analyst reports. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley raised their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Bank of America increased their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective 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. Finally, Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Trading Down 0.6 %

NYSE MSI opened at $479.40 on Friday. The company has a market cap of $80.12 billion, a price-to-earnings ratio of 52.51, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The business’s fifty day moving average is $470.40 and its 200 day moving average is $456.03.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. As a group, sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 0.91%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.

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.