Marks Group Wealth Management Inc Has $318,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Marks Group Wealth Management Inc lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,016 shares of the communications equipment provider’s stock after purchasing an additional 47 shares during the period. Marks Group Wealth Management Inc’s holdings in Motorola Solutions were worth $318,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Illinois Municipal Retirement Fund boosted its holdings in Motorola Solutions by 1.1% in the 4th quarter. Illinois Municipal Retirement Fund now owns 31,146 shares of the communications equipment provider’s stock valued at $9,752,000 after purchasing an additional 336 shares during the period. Duality Advisers LP acquired a new position in Motorola Solutions during the 4th quarter worth approximately $2,044,000. Northwest Capital Management Inc increased its position in Motorola Solutions by 71.4% during the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares in the last quarter. Handelsbanken Fonder AB increased its position in Motorola Solutions by 40.0% during the 4th quarter. Handelsbanken Fonder AB now owns 71,221 shares of the communications equipment provider’s stock worth $22,299,000 after purchasing an additional 20,335 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Motorola Solutions by 1.0% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 18,697 shares of the communications equipment provider’s stock worth $5,854,000 after purchasing an additional 185 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on MSI. William Blair restated an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Deutsche Bank Aktiengesellschaft started coverage on shares of Motorola Solutions in a research note on Friday, January 19th. They issued a “buy” rating and a $350.00 price objective on the stock. Barclays upped their price objective on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $348.38.

Motorola Solutions Stock Up 0.1 %

Shares of NYSE MSI opened at $345.69 on Wednesday. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $355.39. The firm has a market cap of $57.43 billion, a PE ratio of 34.81, a P/E/G ratio of 3.19 and a beta of 0.90. The company’s fifty day simple moving average is $340.20 and its 200 day simple moving average is $321.16. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. During the same period last year, the firm earned $3.38 earnings per share. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Motorola Solutions, Inc. will post 11.74 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Thursday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 39.48%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the transaction, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at $2,961,229.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.26% of the company’s stock.

Motorola Solutions Company 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.