Kingsview Wealth Management LLC Has $4.20 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Kingsview Wealth Management LLC boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,093 shares of the communications equipment provider’s stock after purchasing an additional 89 shares during the period. Kingsview Wealth Management LLC’s holdings in Motorola Solutions were worth $4,203,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. CWM LLC increased its position in shares of Motorola Solutions by 1.7% during the third quarter. CWM LLC now owns 7,496 shares of the communications equipment provider’s stock valued at $3,371,000 after purchasing an additional 126 shares during the period. Sanibel Captiva Trust Company Inc. bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $213,000. UMB Bank n.a. increased its position in shares of Motorola Solutions by 10.0% during the third quarter. UMB Bank n.a. now owns 661 shares of the communications equipment provider’s stock valued at $297,000 after purchasing an additional 60 shares during the period. Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of Motorola Solutions by 22.5% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,631 shares of the communications equipment provider’s stock valued at $734,000 after purchasing an additional 300 shares during the period. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its position in shares of Motorola Solutions by 0.3% during the third quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 15,224 shares of the communications equipment provider’s stock valued at $6,845,000 after purchasing an additional 40 shares during the period. 84.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Motorola Solutions Price Performance

Motorola Solutions stock opened at $479.40 on Friday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The firm has a market cap of $80.12 billion, a P/E ratio of 52.51, a P/E/G ratio of 3.54 and a beta of 1.02. The business’s fifty day moving average is $470.40 and its two-hundred day moving average is $456.03. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. 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 company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is 47.75%.

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.