Cookson Peirce & Co. Inc. Raises Stake in Motorola Solutions, Inc. (NYSE:MSI)

Cookson Peirce & Co. Inc. boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 41,975 shares of the communications equipment provider’s stock after purchasing an additional 538 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Motorola Solutions were worth $19,402,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Tradition Wealth Management LLC grew its stake in shares of Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after acquiring an additional 21 shares during the period. Omnia Family Wealth LLC lifted its holdings in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after purchasing an additional 25 shares during the last quarter. Center for Financial Planning Inc. boosted its position in Motorola Solutions by 0.5% during the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after purchasing an additional 25 shares during the period. Harbour Investments Inc. increased its stake in shares of Motorola Solutions by 2.1% in the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after purchasing an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd increased its stake in shares of Motorola Solutions by 0.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after purchasing an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

NYSE:MSI opened at $422.75 on Wednesday. The stock has a market cap of $70.57 billion, a P/E ratio of 45.85, a PEG ratio of 3.82 and a beta of 1.02. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The business’s 50-day moving average price is $457.53 and its two-hundred day moving average price is $460.99. Motorola Solutions, Inc. has a twelve month low of $329.66 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its 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 company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. As a group, equities analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.03%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.29%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley increased their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions 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.