Trueblood Wealth Management LLC Acquires 276 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Trueblood Wealth Management LLC raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 15.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,099 shares of the communications equipment provider’s stock after purchasing an additional 276 shares during the quarter. Trueblood Wealth Management LLC’s holdings in Motorola Solutions were worth $970,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. FSA Wealth Management LLC bought a new position in Motorola Solutions during the 3rd quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at $31,000. Planning Capital Management Corp acquired a new stake in Motorola Solutions during the 3rd quarter worth $32,000. MidAtlantic Capital Management Inc. bought a new position in Motorola Solutions during the third quarter worth about $33,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Motorola Solutions in the second quarter valued at about $32,000. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Motorola Solutions Stock Up 0.5 %

Motorola Solutions stock opened at $465.23 on Monday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company’s 50-day moving average is $477.21 and its 200-day moving average is $447.95. The firm has a market capitalization of $77.75 billion, a PE ratio of 50.96, a P/E/G ratio of 3.35 and a beta of 1.01. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

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

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.