Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Bowman & Co S.C.

Bowman & Co S.C. increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,568 shares of the communications equipment provider’s stock after acquiring an additional 314 shares during the period. Motorola Solutions makes up about 2.3% of Bowman & Co S.C.’s investment portfolio, making the stock its 9th biggest position. Bowman & Co S.C.’s holdings in Motorola Solutions were worth $4,424,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several analysts have recently issued reports on MSI shares. Bank of America upped 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 raised their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Morgan Stanley lifted their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft upped 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. Finally, Barclays lifted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Stock Performance

NYSE:MSI opened at $465.23 on Friday. The company has a market cap of $77.75 billion, a P/E ratio of 50.96, a P/E/G ratio of 3.35 and a beta of 1.01. The firm’s 50 day moving average is $477.21 and its two-hundred day moving average is $447.53. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last issued 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 return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

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

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.