Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,016 shares of the communications equipment provider’s stock after buying an additional 47 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Motorola Solutions were worth $318,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MSI. Avior Wealth Management LLC grew its position in shares of Motorola Solutions by 196.8% in the third quarter. Avior Wealth Management LLC now owns 276 shares of the communications equipment provider’s stock valued at $75,000 after purchasing an additional 183 shares during the period. Private Trust Co. NA raised its stake in Motorola Solutions by 6.9% during the third quarter. Private Trust Co. NA now owns 685 shares of the communications equipment provider’s stock worth $186,000 after purchasing an additional 44 shares during the period. Kessler Investment Group LLC raised its stake in Motorola Solutions by 1.9% during the third quarter. Kessler Investment Group LLC now owns 15,766 shares of the communications equipment provider’s stock worth $4,292,000 after purchasing an additional 298 shares during the period. Koshinski Asset Management Inc. raised its stake in Motorola Solutions by 10.2% during the third quarter. Koshinski Asset Management Inc. now owns 1,264 shares of the communications equipment provider’s stock worth $344,000 after purchasing an additional 117 shares during the period. Finally, Goldstein Advisors LLC raised its stake in Motorola Solutions by 12.6% during the third quarter. Goldstein Advisors LLC now owns 803 shares of the communications equipment provider’s stock worth $219,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

MSI opened at $345.69 on Wednesday. The company has a 50-day moving average of $340.20 and a 200-day moving average of $321.16. The company has a market capitalization of $57.43 billion, a P/E ratio of 34.81, a PEG ratio of 3.19 and a beta of 0.90. Motorola Solutions, Inc. has a 1-year low of $269.64 and a 1-year high of $355.39. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping the consensus estimate of $3.63 by $0.27. The firm had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. Motorola Solutions’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.38 EPS. Equities analysts expect that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were given a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.13%. Motorola Solutions’s dividend payout ratio (DPR) is presently 39.48%.

Insider Activity at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the transaction, the senior vice president now owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.26% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MSI. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $360.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Evercore ISI began coverage on shares of Motorola Solutions in a report on Monday, March 25th. They issued an “outperform” rating and a $400.00 price objective for the company. Deutsche Bank Aktiengesellschaft began coverage on shares of Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. Finally, Barclays upped their price target on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average target price of $348.38.

Motorola Solutions 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.