Benjamin Edwards Inc. Acquires 744 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Benjamin Edwards Inc. grew its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 74,274 shares of the communications equipment provider's stock after purchasing an additional 744 shares during the quarter. Benjamin Edwards Inc.'s holdings in Motorola Solutions were worth $34,332,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in MSI. National Pension Service lifted its stake in shares of Motorola Solutions by 22.9% during the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after acquiring an additional 87,722 shares during the period. Merit Financial Group LLC grew its position in shares of Motorola Solutions by 26.4% during the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider's stock worth $1,573,000 after buying an additional 712 shares during the period. Union Bancaire Privee UBP SA acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $24,136,000. Proficio Capital Partners LLC increased its stake in Motorola Solutions by 56,562.5% in the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider's stock valued at $145,884,000 after purchasing an additional 315,053 shares in the last quarter. Finally, Board of the Pension Protection Fund acquired a new stake in Motorola Solutions during the 4th quarter worth $1,156,000. Institutional investors own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on MSI shares. Barclays dropped their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. JPMorgan Chase & Co. dropped their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Finally, Morgan Stanley increased their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. 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, Motorola Solutions currently has an average rating of "Moderate Buy" and an average price target of $515.25.

Motorola Solutions Price Performance

NYSE:MSI opened at $406.73 on Friday. Motorola Solutions, Inc. has a one year low of $345.27 and a one year high of $507.82. The company has a market cap of $67.91 billion, a P/E ratio of 44.11, a P/E/G ratio of 3.82 and a beta of 0.94. The firm's fifty day moving average price is $423.19 and its two-hundred day moving average price is $453.92. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the company posted $2.81 earnings per share. Motorola Solutions's revenue was up 5.8% compared to the same quarter last year. Equities analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th were issued a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.07%. The ex-dividend date was Friday, March 14th. Motorola Solutions's dividend payout ratio is currently 47.29%.

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.

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