Envestnet Portfolio Solutions Inc. Increases Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Envestnet Portfolio Solutions Inc. raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 49.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,365 shares of the communications equipment provider’s stock after buying an additional 4,777 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Motorola Solutions were worth $6,640,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions in the fourth quarter worth $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions in the fourth quarter worth $26,000. FSA Wealth Management LLC purchased a new position in shares of Motorola Solutions in the third quarter worth $29,000. First Command Advisory Services Inc. purchased a new position in shares of Motorola Solutions in the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions in the fourth quarter worth $30,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI opened at $421.51 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The business has a 50-day simple moving average of $449.35 and a two-hundred day simple moving average of $460.30. The stock has a market cap of $70.37 billion, a price-to-earnings ratio of 45.72, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82.

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

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Upgrades and Downgrades

MSI has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $505.88.

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.