Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Atria Investments Inc

Atria Investments Inc raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 12.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,603 shares of the communications equipment provider’s stock after buying an additional 1,559 shares during the quarter. Atria Investments Inc’s holdings in Motorola Solutions were worth $6,288,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. State Street Corp grew its holdings in Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after buying an additional 198,183 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Motorola Solutions by 2.4% during the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after purchasing an additional 89,320 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Motorola Solutions by 8.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider’s stock worth $595,026,000 after purchasing an additional 100,454 shares during the last quarter. Swedbank AB boosted its holdings in shares of Motorola Solutions by 0.3% during the fourth quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock worth $474,708,000 after purchasing an additional 3,040 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Motorola Solutions by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 926,009 shares of the communications equipment provider’s stock worth $428,029,000 after purchasing an additional 25,838 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $422.76 on Friday. Motorola Solutions, Inc. has a twelve month low of $329.70 and a twelve month high of $507.82. The stock has a market capitalization 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 current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The business’s fifty day moving average price is $455.64 and its 200 day moving average price is $460.48.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Motorola Solutions Company 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.