Trek Financial LLC Buys Shares of 1,551 Motorola Solutions, Inc. (NYSE:MSI)

Trek Financial LLC purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, HoldingsChannel reports. The firm purchased 1,551 shares of the communications equipment provider’s stock, valued at approximately $717,000.

Other large investors also recently modified their holdings of the company. World Investment Advisors LLC increased its position in Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after buying an additional 35,071 shares in the last quarter. Groupama Asset Managment increased its stake in shares of Motorola Solutions by 8.6% in the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after purchasing an additional 46,731 shares in the last quarter. National Pension Service raised its position in shares of Motorola Solutions by 22.9% during the 4th quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock valued at $217,654,000 after purchasing an additional 87,722 shares during the period. Oddo BHF Asset Management Sas bought a new stake in shares of Motorola Solutions during the 3rd quarter valued at $33,423,000. Finally, Merit Financial Group LLC boosted its holdings in Motorola Solutions by 26.4% in the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider’s stock worth $1,573,000 after buying an additional 712 shares during the period. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on MSI. Morgan Stanley raised their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Barclays reduced their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Finally, StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Trading Down 7.7 %

MSI stock opened at $401.91 on Monday. The firm has a market cap of $67.10 billion, a PE ratio of 43.59, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. The firm has a fifty day moving average price of $439.25 and a 200 day moving average price of $459.26. 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 fifty-two week low of $332.98 and a fifty-two week high of $507.82.

Motorola Solutions (NYSE:MSI) last posted 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). The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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 given a dividend of $1.09 per share. 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 1.08%. Motorola Solutions’s dividend payout ratio (DPR) is presently 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.