1,152 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by Ibex Wealth Advisors

Ibex Wealth Advisors bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,152 shares of the communications equipment provider’s stock, valued at approximately $532,000.

Several other hedge funds have also made changes to their positions in MSI. Swedbank AB lifted its holdings in Motorola Solutions by 0.3% in the fourth quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock valued at $474,708,000 after acquiring an additional 3,040 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Motorola Solutions by 5.6% in the 4th quarter. Hantz Financial Services Inc. now owns 2,867 shares of the communications equipment provider’s stock valued at $1,325,000 after purchasing an additional 151 shares during the last quarter. Patton Fund Management Inc. grew its holdings in shares of Motorola Solutions by 73.7% during the 4th quarter. Patton Fund Management Inc. now owns 14,733 shares of the communications equipment provider’s stock worth $6,810,000 after purchasing an additional 6,253 shares during the period. Robeco Institutional Asset Management B.V. increased its position in shares of Motorola Solutions by 11.5% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 707,562 shares of the communications equipment provider’s stock worth $327,056,000 after purchasing an additional 72,747 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in Motorola Solutions in the 4th quarter valued at about $633,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MSI shares. Barclays lifted their price target 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. Deutsche Bank Aktiengesellschaft boosted their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Bank of America raised 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. Raymond James boosted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Trading Down 0.3 %

MSI opened at $463.87 on Thursday. The business has a fifty day moving average price of $474.05 and a 200 day moving average price of $452.40. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The stock has a market capitalization of $77.52 billion, a price-to-earnings ratio of 50.81, a PEG ratio of 3.47 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Sell-side 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 disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Motorola Solutions Company 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.