SVB Wealth LLC Buys Shares of 1,700 Motorola Solutions, Inc. (NYSE:MSI)

SVB Wealth LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,700 shares of the communications equipment provider’s stock, valued at approximately $786,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Synergy Asset Management LLC purchased a new stake in Motorola Solutions in the 4th quarter valued at approximately $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the fourth quarter worth $26,000. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions in the third quarter valued at $29,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions during the fourth quarter valued at $29,000. Finally, Planning Capital Management Corp purchased a new stake in Motorola Solutions during the 3rd quarter worth about $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 3.1 %

MSI stock opened at $426.78 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. The company has a market cap of $71.25 billion, a price-to-earnings ratio of 46.29, a PEG ratio of 3.82 and a beta of 1.02. The business has a fifty day simple moving average of $458.52 and a 200-day simple moving average of $460.98. Motorola Solutions, Inc. has a 52 week low of $329.66 and a 52 week high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend 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 (DPR) is 47.29%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MSI. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley raised their target price on shares of 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 lowered their target price on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Raymond James lifted their price objective 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 research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $505.88.

About Motorola Solutions

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.