USA Financial Formulas Buys 888 Shares of Motorola Solutions, Inc. (NYSE:MSI)

USA Financial Formulas boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 50.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,661 shares of the communications equipment provider’s stock after purchasing an additional 888 shares during the period. USA Financial Formulas’ holdings in Motorola Solutions were worth $1,230,000 as of its most recent SEC filing.

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

Motorola Solutions Stock Down 0.2 %

Shares of MSI opened at $459.72 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 52-week low of $314.08 and a 52-week high of $507.82. The company has a market cap of $76.83 billion, a PE ratio of 50.35, a P/E/G ratio of 3.35 and a beta of 1.01. The business has a fifty day moving average of $478.34 and a 200 day moving average of $446.78.

Motorola Solutions (NYSE:MSI) last released its earnings results 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. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were issued a dividend of $1.09 per share. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.95%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is presently 47.75%.

Analyst Ratings Changes

Several brokerages have commented on MSI. Bank of America increased 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. Morgan Stanley boosted their target price on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Raymond James raised 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 objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report 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. According to data from MarketBeat.com, Motorola Solutions has an average 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.