Mather Group LLC. Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Mather Group LLC. raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,739 shares of the communications equipment provider’s stock after buying an additional 29 shares during the quarter. Mather Group LLC.’s holdings in Motorola Solutions were worth $804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Synergy Asset Management LLC purchased a new position in Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions during the 4th quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions during the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Motorola Solutions in the third quarter worth about $31,000. Finally, Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions in the third quarter worth about $32,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $471.59 on Wednesday. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The firm has a 50-day moving average price of $472.09 and a 200-day moving average price of $454.52. The firm has a market capitalization of $78.81 billion, a PE ratio of 51.65, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a dividend of $1.09 per share. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is presently 47.75%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MSI shares. Morgan Stanley lifted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Barclays boosted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Bank of America boosted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

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.