Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,471 shares of the communications equipment provider’s stock after purchasing an additional 191 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Motorola Solutions were worth $9,000,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions during the fourth quarter valued at about $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions during the third quarter valued at about $29,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions during the fourth quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Motorola Solutions during the fourth quarter valued at about $30,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $423.39 on Friday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The company’s 50-day simple moving average is $446.45 and its 200-day simple moving average is $459.51. The stock has a market capitalization of $70.68 billion, a price-to-earnings ratio of 45.92, a PEG ratio of 3.82 and a beta of 1.03.

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

Motorola Solutions Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley raised their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $505.88.

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.