Signaturefd LLC Raises Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Signaturefd LLC lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,910 shares of the communications equipment provider’s stock after acquiring an additional 46 shares during the quarter. Signaturefd LLC’s holdings in Motorola Solutions were worth $1,345,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MSI. Empowered Funds LLC increased its position in shares of Motorola Solutions by 26.4% during the third quarter. Empowered Funds LLC now owns 6,504 shares of the communications equipment provider’s stock worth $2,924,000 after acquiring an additional 1,358 shares during the period. Claro Advisors LLC bought a new position in Motorola Solutions in the third quarter worth approximately $205,000. Thrivent Financial for Lutherans grew its holdings in Motorola Solutions by 144.0% in the third quarter. Thrivent Financial for Lutherans now owns 71,530 shares of the communications equipment provider’s stock worth $32,163,000 after purchasing an additional 42,212 shares during the last quarter. Quest Partners LLC grew its holdings in shares of Motorola Solutions by 77.6% during the third quarter. Quest Partners LLC now owns 3,525 shares of the communications equipment provider’s stock valued at $1,585,000 after buying an additional 1,540 shares during the last quarter. Finally, Drive Wealth Management LLC boosted its holdings in Motorola Solutions by 4.0% in the third quarter. Drive Wealth Management LLC now owns 809 shares of the communications equipment provider’s stock valued at $365,000 after purchasing an additional 31 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently 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 increased their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley increased their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, Barclays lowered their price objective 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. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $421.66 on Wednesday. The firm has a market cap of $70.39 billion, a PE ratio of 45.73, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 52-week low of $332.98 and a 52-week high of $507.82. 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 company’s 50 day moving average is $448.66 and its two-hundred day moving average is $460.15.

Motorola Solutions (NYSE:MSI) last announced 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 analyst estimates of $3 billion. On average, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions’s payout ratio is 47.29%.

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.