Hutchens & Kramer Investment Management Group LLC Invests $242,000 in Motorola Solutions, Inc. (NYSE:MSI)

Hutchens & Kramer Investment Management Group LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 523 shares of the communications equipment provider’s stock, valued at approximately $242,000.

Several other institutional investors have also modified their holdings of the company. Tradition Wealth Management LLC grew its position in shares of Motorola Solutions by 3.3% during the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after acquiring an additional 21 shares during the last quarter. Fidelis Capital Partners LLC grew its position in shares of Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after acquiring an additional 22 shares during the last quarter. Omnia Family Wealth LLC grew its position in shares of Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after acquiring an additional 25 shares during the last quarter. Harbour Investments Inc. grew its position in shares of Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after acquiring an additional 26 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its holdings in Motorola Solutions by 0.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after purchasing an additional 26 shares during the period. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $467.95 on Tuesday. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve 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 company has a market capitalization of $78.20 billion, a price-to-earnings ratio of 51.25, a PEG ratio of 3.47 and a beta of 1.01. The firm has a 50-day moving average of $474.94 and a two-hundred day moving average of $451.31.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. As a group, analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.93%. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Analyst Upgrades and Downgrades

MSI has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley upped their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Barclays upped their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Bank of America upped their price objective 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, Raymond James upped their price objective 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. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus 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.