Wealth Enhancement Advisory Services LLC Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Wealth Enhancement Advisory Services LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 296,278 shares of the communications equipment provider’s stock after purchasing an additional 450 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Motorola Solutions were worth $133,216,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MSI. Fulton Bank N.A. purchased a new stake in Motorola Solutions in the 4th quarter worth $320,000. Range Financial Group LLC grew its position in shares of Motorola Solutions by 32.2% during the fourth quarter. Range Financial Group LLC now owns 1,450 shares of the communications equipment provider’s stock worth $670,000 after purchasing an additional 353 shares in the last quarter. Pensionfund Sabic raised its stake in Motorola Solutions by 22.9% during the 4th quarter. Pensionfund Sabic now owns 4,300 shares of the communications equipment provider’s stock valued at $1,988,000 after purchasing an additional 800 shares during the period. GAMMA Investing LLC lifted its holdings in Motorola Solutions by 23.8% in the 4th quarter. GAMMA Investing LLC now owns 2,471 shares of the communications equipment provider’s stock worth $1,142,000 after purchasing an additional 475 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in shares of Motorola Solutions by 75.3% during the fourth quarter. Versant Capital Management Inc now owns 291 shares of the communications equipment provider’s stock valued at $135,000 after buying an additional 125 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Down 1.1 %

Shares of NYSE MSI traded down $5.10 during midday trading on Friday, hitting $457.63. The company’s stock had a trading volume of 118,917 shares, compared to its average volume of 660,250. Motorola Solutions, Inc. has a 12-month low of $312.73 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 market cap of $76.48 billion, a P/E ratio of 50.12, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01. The business’s 50 day moving average is $478.36 and its two-hundred day moving average is $444.48.

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 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 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 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 0.95%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date is Friday, December 13th. Motorola Solutions’s payout ratio is 47.75%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MSI. Barclays upped their target price 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. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley increased their price target on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Bank of America lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Finally, 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. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $504.88.

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.