First Command Advisory Services Inc. Acquires Shares of 63 Motorola Solutions, Inc. (NYSE:MSI)

First Command Advisory Services Inc. purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 63 shares of the communications equipment provider’s stock, valued at approximately $29,000.

A number of other large investors have also recently made changes to their positions in the stock. Proficio Capital Partners LLC grew its stake 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 worth $145,884,000 after acquiring an additional 315,053 shares during the period. Oppenheimer & Co. Inc. grew its position in Motorola Solutions by 6.9% during the fourth quarter. Oppenheimer & Co. Inc. now owns 2,544 shares of the communications equipment provider’s stock valued at $1,176,000 after buying an additional 165 shares during the period. Flynn Zito Capital Management LLC increased its holdings in Motorola Solutions by 13.4% during the fourth quarter. Flynn Zito Capital Management LLC now owns 611 shares of the communications equipment provider’s stock valued at $282,000 after buying an additional 72 shares during the last quarter. New York Life Investment Management LLC increased its holdings in Motorola Solutions by 0.4% during the fourth quarter. New York Life Investment Management LLC now owns 24,768 shares of the communications equipment provider’s stock valued at $11,449,000 after buying an additional 93 shares during the last quarter. Finally, Whipplewood Advisors LLC purchased a new stake in Motorola Solutions during the fourth quarter valued at approximately $56,000. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. 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 report on Friday, February 14th. Morgan Stanley upped 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, Raymond James upped their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Stock Up 0.8 %

Shares of Motorola Solutions stock opened at $429.78 on Friday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 1 year low of $328.07 and a 1 year high of $507.82. The firm’s 50-day moving average is $459.95 and its two-hundred day moving average is $460.11. The stock has a market cap of $71.75 billion, a price-to-earnings ratio of 46.61, a PEG ratio of 3.82 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results 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 the consensus estimate of $3 billion. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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