New Age Alpha Advisors LLC Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

New Age Alpha Advisors LLC boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 53,861.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 22,664 shares of the communications equipment provider’s stock after buying an additional 22,622 shares during the period. New Age Alpha Advisors LLC’s holdings in Motorola Solutions were worth $10,476,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MSI. Vanguard Group Inc. grew its holdings in Motorola Solutions by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 21,179,834 shares of the communications equipment provider’s stock valued at $9,789,955,000 after buying an additional 310,919 shares in the last quarter. State Street Corp boosted its position 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 during the last quarter. Geode Capital Management LLC increased its holdings in 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 valued at $1,675,588,000 after acquiring an additional 89,320 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Motorola Solutions in the 4th quarter worth $1,528,949,000. Finally, Norges Bank bought a new position in shares of Motorola Solutions during the 4th quarter valued at about $1,073,645,000. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on MSI shares. Morgan Stanley boosted their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Barclays cut their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $432.71 on Friday. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company’s 50-day moving average is $444.11 and its 200 day moving average is $459.34. The firm has a market capitalization of $72.23 billion, a P/E ratio of 46.93, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. 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 posted its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) 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 analysts’ expectations of $3 billion. Research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) 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.