Leelyn Smith LLC Purchases New Stake in Motorola Solutions, Inc. (NYSE:MSI)

Leelyn Smith LLC acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 905 shares of the communications equipment provider’s stock, valued at approximately $418,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions during the fourth quarter worth about $26,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions in the 4th quarter valued at about $29,000. FSA Wealth Management LLC acquired a new position in Motorola Solutions in the 3rd quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on MSI shares. Barclays decreased their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Morgan Stanley upped their price target on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft upped their target price 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 research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

Motorola Solutions Stock Performance

NYSE MSI opened at $421.51 on Tuesday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market cap of $70.37 billion, a P/E ratio of 45.72, a P/E/G ratio of 3.82 and a beta of 1.03. The stock has a 50-day moving average of $449.35 and a two-hundred day moving average of $460.30. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $3 billion. As a group, analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

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.