Wealth Enhancement Advisory Services LLC Acquires 450 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Wealth Enhancement Advisory Services LLC increased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 0.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 296,278 shares of the communications equipment provider’s stock after acquiring an additional 450 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.18% of Motorola Solutions worth $133,216,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in MSI. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions in the 3rd quarter worth about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions in the third quarter worth about $31,000. Strategic Investment Solutions Inc. IL purchased a new stake in Motorola Solutions in the second quarter worth about $32,000. Planning Capital Management Corp bought a new stake in Motorola Solutions during the 3rd quarter valued at approximately $32,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Motorola Solutions during the 3rd quarter worth approximately $33,000. Institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

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

Motorola Solutions Stock Performance

MSI traded down $5.10 during mid-day trading on Friday, reaching $457.63. 118,917 shares of the company traded hands, compared to its average volume of 660,250. The company’s fifty day moving average price is $478.36 and its 200-day moving average price is $444.48. The stock has a market capitalization of $76.48 billion, a P/E ratio of 50.12, a P/E/G ratio of 3.70 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 52-week low of $312.73 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, beating analysts’ consensus estimates of $3.10 by $0.36. The company 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, sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be given a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.95%. Motorola Solutions’s payout ratio is presently 47.75%.

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.