Modera Wealth Management LLC Purchases 121 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Modera Wealth Management LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 4.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,942 shares of the communications equipment provider’s stock after purchasing an additional 121 shares during the quarter. Modera Wealth Management LLC’s holdings in Motorola Solutions were worth $1,360,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gladstone Institutional Advisory LLC bought a new stake in Motorola Solutions during the third quarter worth $243,000. Farther Finance Advisors LLC raised its holdings in shares of Motorola Solutions by 19.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 925 shares of the communications equipment provider’s stock worth $416,000 after buying an additional 150 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of Motorola Solutions by 6.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 2,507 shares of the communications equipment provider’s stock worth $1,171,000 after buying an additional 141 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in Motorola Solutions by 27.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 634,815 shares of the communications equipment provider’s stock valued at $285,432,000 after buying an additional 136,552 shares in the last quarter. Finally, Donaldson Capital Management LLC grew its position in Motorola Solutions by 5.3% in the third quarter. Donaldson Capital Management LLC now owns 11,605 shares of the communications equipment provider’s stock valued at $5,218,000 after acquiring an additional 587 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $426.78 on Tuesday. The stock has a market cap of $71.25 billion, a price-to-earnings ratio of 46.29, a P/E/G ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a twelve month low of $329.66 and a twelve month high of $507.82. The company’s fifty day moving average is $458.52 and its 200 day moving average is $460.98. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.02%. Motorola Solutions’s payout ratio is 47.29%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on MSI shares. Morgan Stanley increased 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. Barclays dropped their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Raymond James boosted 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. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. 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 report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

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.