FSA Wealth Management LLC Makes New $29,000 Investment in Motorola Solutions, Inc. (NYSE:MSI)

FSA Wealth Management LLC bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 64 shares of the communications equipment provider’s stock, valued at approximately $29,000.

Several other institutional investors have also modified their holdings of MSI. MFA Wealth Advisors LLC acquired a new stake in Motorola Solutions in the 2nd quarter worth about $25,000. Beacon Capital Management LLC lifted its position in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 28 shares in the last quarter. LRI Investments LLC boosted its stake in shares of Motorola Solutions by 871.4% in the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 61 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of Motorola Solutions during the second quarter worth approximately $29,000. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.2 %

MSI opened at $499.70 on Monday. The stock has a market capitalization of $83.51 billion, a PE ratio of 54.73, a P/E/G ratio of 3.96 and a beta of 0.97. Motorola Solutions, Inc. has a one year low of $307.09 and a one year high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The business’s 50 day moving average price is $471.53 and its 200 day moving average price is $425.07.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 12.54 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.87%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date is Friday, December 13th. Motorola Solutions’s payout ratio is 42.94%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MSI. Raymond James lifted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Jefferies Financial Group upped their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Barclays boosted their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Bank of America increased their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $506.29.

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.