Commonwealth Equity Services LLC Has $20.44 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Commonwealth Equity Services LLC increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 5.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 44,222 shares of the communications equipment provider’s stock after acquiring an additional 2,192 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Motorola Solutions were worth $20,441,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of brokerages recently weighed in on MSI. Barclays reduced their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Morgan Stanley increased 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. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Price Performance

NYSE:MSI opened at $418.07 on Monday. The firm’s fifty day moving average price is $450.02 and its two-hundred day moving average price is $460.41. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market cap of $69.79 billion, a P/E ratio of 45.34, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82.

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

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders 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 dividend yield of 1.04%. Motorola Solutions’s payout ratio is 47.29%.

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.