NorthRock Partners LLC Increases Holdings in Motorola Solutions, Inc. (NYSE:MSI)

NorthRock Partners LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 382.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,394 shares of the communications equipment provider's stock after purchasing an additional 2,690 shares during the quarter. NorthRock Partners LLC's holdings in Motorola Solutions were worth $1,569,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Center for Financial Planning Inc. grew its stake in shares of Motorola Solutions by 0.5% during the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider's stock worth $2,337,000 after acquiring an additional 25 shares during the period. Prestige Wealth Management Group LLC lifted its stake in Motorola Solutions by 11.9% in the 4th quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider's stock worth $109,000 after purchasing an additional 25 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of Motorola Solutions by 22.5% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider's stock valued at $63,000 after acquiring an additional 25 shares in the last quarter. Wesbanco Bank Inc. grew its stake in Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider's stock worth $596,000 after buying an additional 26 shares in the last quarter. Finally, Clark Capital Management Group Inc. increased its stake in Motorola Solutions by 4.3% in the fourth quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock valued at $294,000 after acquiring an additional 26 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock traded down $2.49 on Tuesday, hitting $422.80. The company's stock had a trading volume of 179,990 shares, compared to its average volume of 782,529. The company has a market capitalization of $70.57 billion, a price-to-earnings ratio of 45.90, a price-to-earnings-growth ratio of 3.82 and a beta of 0.98. The firm has a fifty day moving average price of $421.29 and a 200-day moving average price of $450.08. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 1 year low of $356.77 and a 1 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 the consensus estimate of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Motorola Solutions's quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 EPS. As a group, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, June 13th. Motorola Solutions's payout ratio is presently 36.39%.

Wall Street Analyst Weigh In

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

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.