Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Focus Partners Wealth

Focus Partners Wealth lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 73.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,238 shares of the communications equipment provider's stock after purchasing an additional 3,485 shares during the period. Focus Partners Wealth's holdings in Motorola Solutions were worth $3,848,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ethic Inc. lifted its stake in Motorola Solutions by 17.1% in the fourth quarter. Ethic Inc. now owns 16,288 shares of the communications equipment provider's stock valued at $7,529,000 after buying an additional 2,374 shares during the last quarter. FORA Capital LLC purchased a new stake in Motorola Solutions in the 4th quarter valued at $407,000. Fred Alger Management LLC acquired a new stake in Motorola Solutions during the 4th quarter worth $244,000. Clark Capital Management Group Inc. boosted its stake in Motorola Solutions by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock worth $294,000 after purchasing an additional 26 shares during the period. Finally, EP Wealth Advisors LLC grew its position in Motorola Solutions by 12.3% during the 4th quarter. EP Wealth Advisors LLC now owns 2,042 shares of the communications equipment provider's stock worth $944,000 after purchasing an additional 223 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of NYSE MSI traded up $0.42 on Tuesday, hitting $425.71. The company's stock had a trading volume of 140,464 shares, compared to its average volume of 882,977. The stock has a 50 day moving average of $421.29 and a 200-day moving average of $450.08. The company has a market capitalization of $71.06 billion, a price-to-earnings ratio of 46.12, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. 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, Inc. has a 12-month low of $356.77 and a 12-month high of $507.82.

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

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders 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 yield of 1.02%. The ex-dividend date is Friday, June 13th. Motorola Solutions's payout ratio is 36.39%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MSI. StockNews.com upgraded shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Morgan Stanley increased their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. JPMorgan Chase & Co. cut their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Finally, Barclays dropped their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $513.25.

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.