Avitas Wealth Management LLC Has $3.51 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Avitas Wealth Management LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 7,583 shares of the communications equipment provider’s stock after purchasing an additional 53 shares during the period. Avitas Wealth Management LLC’s holdings in Motorola Solutions were worth $3,505,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Czech National Bank lifted its holdings in Motorola Solutions by 6.9% during the third quarter. Czech National Bank now owns 33,987 shares of the communications equipment provider’s stock worth $15,282,000 after acquiring an additional 2,205 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Motorola Solutions by 32.1% during the third quarter. GAMMA Investing LLC now owns 1,996 shares of the communications equipment provider’s stock worth $897,000 after purchasing an additional 485 shares during the period. Diversified Trust Co lifted its holdings in shares of Motorola Solutions by 54.4% during the 3rd quarter. Diversified Trust Co now owns 8,020 shares of the communications equipment provider’s stock valued at $3,606,000 after purchasing an additional 2,827 shares in the last quarter. Security National Bank grew its position in shares of Motorola Solutions by 21.6% in the 3rd quarter. Security National Bank now owns 2,776 shares of the communications equipment provider’s stock valued at $1,248,000 after purchasing an additional 494 shares during the period. Finally, Kesler Norman & Wride LLC acquired a new stake in Motorola Solutions during the 3rd quarter worth approximately $549,000. Institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

MSI has been the subject of several research analyst reports. Raymond James upped their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Morgan Stanley increased their target price on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft increased 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. Bank of America boosted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Barclays lifted their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Trading Down 0.4 %

Shares of Motorola Solutions stock opened at $471.59 on Wednesday. The stock has a market cap of $78.81 billion, a P/E ratio of 51.65, a P/E/G ratio of 3.45 and a beta of 1.02. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The business’s 50 day moving average is $472.09 and its 200-day moving average is $454.52.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Equities research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 47.75%.

About Motorola Solutions

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.