Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Webster Bank N. A.

Webster Bank N. A. grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 30.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 255 shares of the communications equipment provider’s stock after purchasing an additional 59 shares during the period. Webster Bank N. A.’s holdings in Motorola Solutions were worth $118,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. FSA Wealth Management LLC acquired a new position in Motorola Solutions during the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions during the third quarter worth $31,000. Planning Capital Management Corp acquired a new position in Motorola Solutions during the third quarter worth $32,000. MidAtlantic Capital Management Inc. acquired a new position in Motorola Solutions during the third quarter worth $33,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Motorola Solutions during the second quarter worth $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Bank of America upped their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley upped their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Stock Down 2.3 %

Shares of NYSE:MSI opened at $467.95 on Tuesday. 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 $314.84 and a 52-week high of $507.82. The stock’s fifty day simple moving average is $474.94 and its 200-day simple moving average is $451.31. The company has a market capitalization of $78.20 billion, a P/E ratio of 51.25, a P/E/G ratio of 3.47 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping 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 the consensus estimate of $2.76 billion. As a group, 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 announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors 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 is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.93%. Motorola Solutions’s dividend 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.