LPL Financial LLC Has $56.82 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

LPL Financial LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI) by 22.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 122,916 shares of the communications equipment provider’s stock after acquiring an additional 22,675 shares during the quarter. LPL Financial LLC’s holdings in Motorola Solutions were worth $56,815,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of MSI. Fox Run Management L.L.C. acquired a new stake in Motorola Solutions in the 4th quarter valued at approximately $271,000. Knights of Columbus Asset Advisors LLC grew its stake in shares of Motorola Solutions by 1.0% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 19,471 shares of the communications equipment provider’s stock worth $9,000,000 after acquiring an additional 191 shares during the last quarter. Marietta Investment Partners LLC grew its stake in shares of Motorola Solutions by 189.4% in the fourth quarter. Marietta Investment Partners LLC now owns 2,535 shares of the communications equipment provider’s stock worth $1,172,000 after acquiring an additional 1,659 shares during the last quarter. Hillsdale Investment Management Inc. increased its position in Motorola Solutions by 2.8% during the fourth quarter. Hillsdale Investment Management Inc. now owns 1,840 shares of the communications equipment provider’s stock worth $851,000 after acquiring an additional 50 shares during the period. Finally, Forefront Wealth Management Inc. bought a new stake in Motorola Solutions in the 4th quarter valued at $208,000. Institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on MSI. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Morgan Stanley lifted their target price 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. Finally, Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $505.88.

Motorola Solutions Stock Up 0.3 %

Shares of MSI opened at $432.71 on Friday. 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 50-day moving average price of $444.11 and a two-hundred day moving average price of $459.34. The stock has a market cap of $72.23 billion, a price-to-earnings ratio of 46.93, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 12 month low of $332.98 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its 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). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Equities analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.

Motorola Solutions Company 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.