Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Ballentine Partners LLC

Ballentine Partners LLC raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,949 shares of the communications equipment provider’s stock after acquiring an additional 38 shares during the quarter. Ballentine Partners LLC’s holdings in Motorola Solutions were worth $1,363,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $31,000. Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions during the 3rd quarter worth $32,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Motorola Solutions during the third quarter worth $33,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in Motorola Solutions in the second quarter valued at $32,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Barclays upped their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Bank of America increased their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley increased their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Price Performance

MSI stock opened at $467.65 on Wednesday. The company has a market capitalization of $78.15 billion, a P/E ratio of 51.22, a PEG ratio of 3.42 and a beta of 1.01. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The business has a 50 day simple moving average of $476.58 and a 200-day simple moving average of $448.95. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued 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 dividend yield of 0.93%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 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.