Prestige Wealth Management Group LLC Buys 25 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Prestige Wealth Management Group LLC boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 11.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 235 shares of the communications equipment provider’s stock after buying an additional 25 shares during the period. Prestige Wealth Management Group LLC’s holdings in Motorola Solutions were worth $109,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of MSI. Vanguard Group Inc. increased its stake in Motorola Solutions by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after acquiring an additional 310,919 shares during the last quarter. State Street Corp raised its stake in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after acquiring an additional 198,183 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Motorola Solutions by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after acquiring an additional 89,320 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Motorola Solutions in the 4th quarter worth approximately $1,528,949,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Motorola Solutions by 8.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,287,296 shares of the communications equipment provider’s stock valued at $595,026,000 after acquiring an additional 100,454 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Motorola Solutions Price Performance

NYSE MSI opened at $429.18 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82. The stock has a market cap of $71.65 billion, a price-to-earnings ratio of 46.55, a PEG ratio of 3.82 and a beta of 1.03. The company’s 50 day moving average is $445.27 and its two-hundred day moving average is $459.73.

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

Motorola Solutions Announces Dividend

The firm 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. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

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.