Proficio Capital Partners LLC Boosts Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Proficio Capital Partners LLC lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 22.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 683 shares of the communications equipment provider’s stock after purchasing an additional 126 shares during the quarter. Proficio Capital Partners LLC’s holdings in Motorola Solutions were worth $316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the 4th quarter worth approximately $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter worth $29,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Motorola Solutions during the fourth quarter worth $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Barclays dropped their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock 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. Finally, Morgan Stanley upped their price objective 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. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $429.18 on Wednesday. The firm has a market cap of $71.65 billion, a PE ratio of 46.55, a P/E/G ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve 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. The business has a 50-day moving average price of $445.27 and a 200 day moving average price of $459.73.

Motorola Solutions (NYSE:MSI) last posted 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 business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. Sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business 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 dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is presently 47.29%.

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.