Foundations Investment Advisors LLC Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Foundations Investment Advisors LLC raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 14.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,107 shares of the communications equipment provider’s stock after buying an additional 142 shares during the period. Foundations Investment Advisors LLC’s holdings in Motorola Solutions were worth $512,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MSI. FSA Wealth Management LLC bought a new position in Motorola Solutions in the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the third quarter worth about $31,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Motorola Solutions during the 2nd quarter valued at about $32,000. Planning Capital Management Corp purchased a new position in shares of Motorola Solutions during the 3rd quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in Motorola Solutions in the 3rd quarter worth approximately $33,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE:MSI opened at $472.62 on Friday. The business’s 50-day moving average is $473.48 and its 200 day moving average is $452.48. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The company has a market capitalization of $78.98 billion, a P/E ratio of 51.77, a P/E/G ratio of 3.47 and a beta of 1.01. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, equities research analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm 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. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.92%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is 47.75%.

Analysts Set New Price Targets

MSI has been the topic of several analyst reports. 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 report on Friday, November 8th. Deutsche Bank Aktiengesellschaft upped their target price 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 raised their price target on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Raymond James upped their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.