West Michigan Advisors LLC Has $3.58 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

West Michigan Advisors LLC raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 1.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,732 shares of the communications equipment provider’s stock after acquiring an additional 102 shares during the period. Motorola Solutions comprises approximately 1.1% of West Michigan Advisors LLC’s holdings, making the stock its 25th largest holding. West Michigan Advisors LLC’s holdings in Motorola Solutions were worth $3,582,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions in the 4th quarter worth approximately $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions in the 3rd quarter worth approximately $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter worth approximately $29,000. Finally, Planning Capital Management Corp acquired a new position in shares of Motorola Solutions in the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Stock Up 2.8 %

Shares of MSI opened at $441.37 on Friday. The firm has a market capitalization of $73.68 billion, a price-to-earnings ratio of 47.87, a PEG ratio of 3.82 and a beta of 1.02. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The business’s fifty day moving average price is $459.38 and its two-hundred day moving average price is $460.31. Motorola Solutions, Inc. has a 52 week low of $328.13 and a 52 week 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 EPS for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $1.09 dividend. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 0.99%. Motorola Solutions’s payout ratio is 47.29%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MSI shares. Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. 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 report on Tuesday, November 26th. Morgan Stanley increased their price target 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, Raymond James increased their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average 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.