SVB Wealth LLC Invests $786,000 in Motorola Solutions, Inc. (NYSE:MSI)

SVB Wealth LLC bought a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 1,700 shares of the communications equipment provider’s stock, valued at approximately $786,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Flputnam Investment Management Co. raised its stake in shares of Motorola Solutions by 1.5% during the fourth quarter. Flputnam Investment Management Co. now owns 23,043 shares of the communications equipment provider’s stock valued at $10,651,000 after purchasing an additional 334 shares during the period. Fielder Capital Group LLC increased its stake in Motorola Solutions by 8.7% during the 4th quarter. Fielder Capital Group LLC now owns 1,058 shares of the communications equipment provider’s stock worth $489,000 after buying an additional 85 shares during the period. QRG Capital Management Inc. lifted its holdings in Motorola Solutions by 1.5% in the 4th quarter. QRG Capital Management Inc. now owns 13,827 shares of the communications equipment provider’s stock worth $6,391,000 after buying an additional 205 shares in the last quarter. First Command Advisory Services Inc. purchased a new position in Motorola Solutions in the 4th quarter valued at about $29,000. Finally, Proficio Capital Partners LLC grew its stake in shares of Motorola Solutions by 56,562.5% during the fourth quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock valued at $145,884,000 after acquiring an additional 315,053 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Morgan Stanley boosted their price target on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Barclays dropped their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $505.88.

Motorola Solutions Stock Down 3.1 %

MSI stock opened at $426.78 on Tuesday. The firm has a market cap of $71.25 billion, a price-to-earnings ratio of 46.29, a PEG ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a 1-year low of $329.66 and a 1-year high of $507.82. The firm has a fifty day moving average price of $458.52 and a two-hundred day moving average price of $460.98. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.

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.