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

Envestnet Portfolio Solutions Inc. lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 49.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,365 shares of the communications equipment provider’s stock after buying an additional 4,777 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Motorola Solutions were worth $6,640,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the 4th quarter valued at about $25,000. Crews Bank & Trust bought a new position in Motorola Solutions during the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. bought a new position in Motorola Solutions during the 4th quarter worth approximately $29,000. FSA Wealth Management LLC bought a new position in Motorola Solutions during the 3rd quarter worth approximately $29,000. Finally, SBI Securities Co. Ltd. bought a new position in Motorola Solutions during the 4th quarter worth approximately $30,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on MSI shares. Morgan Stanley raised their price target 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. Barclays reduced their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Trading Up 0.9 %

NYSE 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. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The firm has a market capitalization of $70.37 billion, a PE ratio of 45.72, a P/E/G ratio of 3.82 and a beta of 1.03. The stock’s 50 day moving average is $449.35 and its 200 day moving average is $460.30.

Motorola Solutions (NYSE:MSI) last released its quarterly 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). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is 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.