Ibex Wealth Advisors Takes Position in Motorola Solutions, Inc. (NYSE:MSI)

Ibex Wealth Advisors bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,152 shares of the communications equipment provider’s stock, valued at approximately $532,000.

Other large investors have also recently bought and sold shares of the company. Tradition Wealth Management LLC lifted its stake in Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after acquiring an additional 21 shares during the period. Fidelis Capital Partners LLC lifted its position in Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after purchasing an additional 22 shares during the period. Omnia Family Wealth LLC lifted its position in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after purchasing an additional 25 shares during the period. Harbour Investments Inc. boosted its holdings in Motorola Solutions by 2.1% in the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after purchasing an additional 26 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd grew its position in Motorola Solutions by 0.9% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after purchasing an additional 26 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE:MSI opened at $463.87 on Thursday. The stock has a 50 day moving average of $474.05 and a two-hundred day moving average of $452.40. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The firm has a market cap of $77.52 billion, a P/E ratio of 50.81, a price-to-earnings-growth ratio of 3.47 and a beta of 1.01. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s payout ratio is currently 47.75%.

Analyst Upgrades and Downgrades

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

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.