Avanza Fonder AB Buys New Shares in Motorola Solutions, Inc. (NYSE:MSI)

Avanza Fonder AB purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 17,533 shares of the communications equipment provider’s stock, valued at approximately $8,104,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new stake in Motorola Solutions in the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions during the 3rd quarter worth $31,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Motorola Solutions in the 2nd quarter worth $32,000. Planning Capital Management Corp purchased a new position in shares of Motorola Solutions in the 3rd quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

MSI has been the subject of a number of research analyst reports. Barclays increased their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Morgan Stanley increased their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Bank of America raised their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Stock Up 1.0 %

Shares of NYSE:MSI opened at $464.68 on Friday. The firm has a market cap of $77.66 billion, a PE ratio of 50.68, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. The company has a fifty day simple moving average of $478.15 and a 200 day simple moving average of $446.87. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a $1.09 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

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.