Scissortail Wealth Management LLC Raises Stake in Motorola Solutions, Inc. (NYSE:MSI)

Scissortail Wealth Management LLC raised its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 3,156.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,505 shares of the communications equipment provider's stock after acquiring an additional 12,121 shares during the period. Motorola Solutions accounts for about 1.5% of Scissortail Wealth Management LLC's investment portfolio, making the stock its 19th biggest holding. Scissortail Wealth Management LLC's holdings in Motorola Solutions were worth $5,780,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. National Pension Service increased its holdings in shares of Motorola Solutions by 22.9% in the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider's stock valued at $217,654,000 after buying an additional 87,722 shares in the last quarter. Merit Financial Group LLC grew its stake in Motorola Solutions by 26.4% during the fourth 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 last quarter. Union Bancaire Privee UBP SA bought a new stake in Motorola Solutions during the fourth quarter worth about $24,136,000. Proficio Capital Partners LLC grew its stake in shares of Motorola Solutions by 56,562.5% during 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 during the last quarter. Finally, Swedbank AB increased its position in shares of Motorola Solutions by 0.3% during the fourth quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider's stock worth $474,708,000 after acquiring an additional 3,040 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSI has been the subject of a number of analyst reports. Barclays decreased their price objective on shares of 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 lifted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. StockNews.com raised shares of Motorola Solutions from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $513.25.

Motorola Solutions Price Performance

Shares of MSI stock traded down $2.26 during trading hours on Tuesday, hitting $423.03. 653,024 shares of the company's stock were exchanged, compared to its average volume of 786,328. The company has a market capitalization of $70.61 billion, a PE ratio of 45.88, a PEG ratio of 3.82 and a beta of 0.98. Motorola Solutions, Inc. has a 12-month low of $356.77 and a 12-month high of $507.82. The business's 50 day simple moving average is $421.29 and its 200-day simple moving average is $450.08. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its 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 company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter last year, the firm earned $2.81 EPS. The firm's quarterly revenue was up 5.8% compared to the same quarter last year. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date is Friday, June 13th. Motorola Solutions's dividend payout ratio (DPR) is currently 36.39%.

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.