Aaron Wealth Advisors LLC Grows Position in Motorola Solutions, Inc. (NYSE:MSI)

Aaron Wealth Advisors LLC boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 9.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,084 shares of the communications equipment provider’s stock after acquiring an additional 94 shares during the period. Aaron Wealth Advisors LLC’s holdings in Motorola Solutions were worth $501,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MSI. State Street Corp grew its position in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Geode Capital Management LLC boosted its stake in Motorola Solutions by 2.4% during the third quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after buying an additional 89,320 shares during the last quarter. Legal & General Group Plc grew its holdings in Motorola Solutions by 7.7% during the 2nd quarter. Legal & General Group Plc now owns 1,530,660 shares of the communications equipment provider’s stock valued at $590,911,000 after buying an additional 110,072 shares in the last quarter. International Assets Investment Management LLC increased its stake in Motorola Solutions by 59,189.5% in the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after acquiring an additional 965,972 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Motorola Solutions by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock worth $404,744,000 after acquiring an additional 8,651 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of recent research reports. Raymond James raised their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Morgan Stanley boosted their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Bank of America increased their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. 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. Finally, Barclays lifted 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. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Trading Up 0.5 %

Shares of NYSE MSI opened at $465.23 on Monday. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week 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 company has a market cap of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01. The business’s 50 day moving average price is $477.21 and its 200-day moving average price is $447.95.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates 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%. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.

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.