Waverly Advisors LLC Has $931,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Waverly Advisors LLC raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 85.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,014 shares of the communications equipment provider's stock after purchasing an additional 926 shares during the quarter. Waverly Advisors LLC's holdings in Motorola Solutions were worth $931,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MSI. Raymond James Financial Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter worth approximately $1,528,949,000. Norges Bank bought a new stake in shares of Motorola Solutions in the 4th quarter worth approximately $1,073,645,000. Arrowstreet Capital Limited Partnership boosted its position in Motorola Solutions by 330.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 631,551 shares of the communications equipment provider's stock valued at $291,922,000 after purchasing an additional 484,727 shares during the period. Geode Capital Management LLC boosted its position in Motorola Solutions by 12.1% during the 4th quarter. Geode Capital Management LLC now owns 4,187,217 shares of the communications equipment provider's stock valued at $1,933,360,000 after purchasing an additional 451,172 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its position in Motorola Solutions by 209.3% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 559,306 shares of the communications equipment provider's stock valued at $258,528,000 after purchasing an additional 378,462 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Motorola Solutions stock traded up $1.06 during mid-day trading on Tuesday, hitting $419.98. 923,909 shares of the company's stock traded hands, compared to its average volume of 790,756. The firm has a 50 day moving average price of $421.50 and a 200 day moving average price of $448.30. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The company has a market cap of $70.10 billion, a PE ratio of 45.55, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a one year low of $356.77 and a one year high of $507.82.

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

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio is presently 36.39%.

Analyst Ratings Changes

A number of research analysts recently issued reports on MSI shares. JPMorgan Chase & Co. reduced their price objective on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Barclays reduced their price objective on Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Morgan Stanley boosted their price objective 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. Finally, Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $513.25.

Motorola Solutions 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.