Forefront Wealth Management Inc. Invests $208,000 in Motorola Solutions, Inc. (NYSE:MSI)

Forefront Wealth Management Inc. acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 450 shares of the communications equipment provider’s stock, valued at approximately $208,000.

Several other large investors also recently modified their holdings of MSI. First Horizon Advisors Inc. lifted its holdings in shares of Motorola Solutions by 25.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 398 shares of the communications equipment provider’s stock worth $179,000 after purchasing an additional 80 shares in the last quarter. Citizens Financial Group Inc. RI lifted its holdings in shares of Motorola Solutions by 24.2% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 7,591 shares of the communications equipment provider’s stock worth $3,420,000 after purchasing an additional 1,479 shares in the last quarter. King Luther Capital Management Corp lifted its holdings in shares of Motorola Solutions by 3.0% in the 3rd quarter. King Luther Capital Management Corp now owns 988 shares of the communications equipment provider’s stock worth $444,000 after purchasing an additional 29 shares in the last quarter. Integrated Investment Consultants LLC bought a new position in shares of Motorola Solutions in the 3rd quarter worth $223,000. Finally, Pacer Advisors Inc. lifted its holdings in shares of Motorola Solutions by 15.8% in the 3rd quarter. Pacer Advisors Inc. now owns 25,118 shares of the communications equipment provider’s stock worth $11,294,000 after purchasing an additional 3,430 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

MSI has been the topic of a number of recent research reports. Barclays cut their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Trading Up 0.3 %

Shares of Motorola Solutions stock opened at $423.39 on Friday. Motorola Solutions, Inc. has a 1 year low of $332.98 and a 1 year high of $507.82. The firm has a market cap of $70.68 billion, a PE ratio of 45.92, a P/E/G ratio of 3.82 and a beta of 1.03. The stock has a fifty day moving average price of $446.45 and a 200-day moving average price of $459.51. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

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.