Johnson Financial Group Inc. Boosts Holdings in Motorola Solutions, Inc. (NYSE:MSI)

by · The Cerbat Gem

Johnson Financial Group Inc. grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 163.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 324 shares of the communications equipment provider’s stock after purchasing an additional 201 shares during the period. Johnson Financial Group Inc.’s holdings in Motorola Solutions were worth $152,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Center for Financial Planning Inc. grew its position in Motorola Solutions by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock worth $2,337,000 after buying an additional 25 shares during the last quarter. Prestige Wealth Management Group LLC grew its position in Motorola Solutions by 11.9% in the fourth quarter. Prestige Wealth Management Group LLC now owns 235 shares of the communications equipment provider’s stock worth $109,000 after buying an additional 25 shares during the last quarter. Hazlett Burt & Watson Inc. grew its position in Motorola Solutions by 22.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 136 shares of the communications equipment provider’s stock worth $63,000 after buying an additional 25 shares during the last quarter. Wesbanco Bank Inc. boosted its stake in Motorola Solutions by 2.1% in the 4th quarter. Wesbanco Bank Inc. now owns 1,289 shares of the communications equipment provider’s stock worth $596,000 after purchasing an additional 26 shares during the period. Finally, Premier Path Wealth Partners LLC boosted its stake in Motorola Solutions by 1.6% in the 4th quarter. Premier Path Wealth Partners LLC now owns 1,664 shares of the communications equipment provider’s stock worth $769,000 after purchasing an additional 27 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.5 %

Shares of NYSE:MSI opened at $430.27 on Monday. The firm has a fifty day moving average of $422.92 and a two-hundred day moving average of $455.25. The firm has a market capitalization of $71.84 billion, a P/E ratio of 46.67, a price-to-earnings-growth ratio of 3.82 and a beta of 0.94. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30.

Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The business had revenue of $3.01 billion for 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, equities analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were issued a dividend of $1.09 per share. The ex-dividend date was Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analyst Upgrades and Downgrades

MSI has been the subject of a number of recent analyst reports. Barclays decreased their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. JPMorgan Chase & Co. decreased their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Morgan Stanley raised their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $515.25.

View Our Latest Stock Report on MSI

Motorola Solutions Company Profile

(Free Report)

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.

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