Tyche Wealth Partners LLC Invests $1.07 Million in Motorola Solutions, Inc. (NYSE:MSI)

Tyche Wealth Partners LLC acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,312 shares of the communications equipment provider’s stock, valued at approximately $1,068,000.

A number of other institutional investors have also recently made changes to their positions in the company. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions in the third quarter worth approximately $31,000. Finally, Planning Capital Management Corp bought a new stake in Motorola Solutions in the 3rd quarter worth approximately $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 2.0 %

Shares of MSI opened at $480.80 on Thursday. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The company has a 50 day simple moving average of $471.59 and a two-hundred day simple moving average of $455.09. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The firm has a market cap of $80.35 billion, a P/E ratio of 52.66, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. On average, equities analysts expect 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. Stockholders of record on Friday, December 13th were issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 0.91%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s payout ratio is 47.75%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on MSI shares. Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Barclays boosted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Raymond James increased their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley raised 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. Finally, Bank of America upped their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $504.88.

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.