Geneos Wealth Management Inc. Purchases 168 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Geneos Wealth Management Inc. increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,967 shares of the communications equipment provider’s stock after buying an additional 168 shares during the period. Geneos Wealth Management Inc.’s holdings in Motorola Solutions were worth $5,994,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSI. XTX Topco Ltd lifted its holdings in shares of Motorola Solutions by 5.8% during the second quarter. XTX Topco Ltd now owns 838 shares of the communications equipment provider’s stock worth $324,000 after buying an additional 46 shares during the last quarter. Public Sector Pension Investment Board raised its stake in Motorola Solutions by 72.2% during the 2nd quarter. Public Sector Pension Investment Board now owns 6,392 shares of the communications equipment provider’s stock valued at $2,468,000 after purchasing an additional 2,680 shares during the last quarter. Evergreen Capital Management LLC bought a new stake in Motorola Solutions in the 2nd quarter valued at $229,000. Marshall Wace LLP acquired a new stake in Motorola Solutions in the 2nd quarter worth $14,257,000. Finally, Squarepoint Ops LLC increased its holdings in shares of Motorola Solutions by 172.0% during the 2nd quarter. Squarepoint Ops LLC now owns 12,242 shares of the communications equipment provider’s stock worth $4,726,000 after purchasing an additional 7,741 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MSI. Morgan Stanley lifted their target price on 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 lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Raymond James upped 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. Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft boosted 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. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $479.49 on Friday. The firm has a market capitalization of $80.13 billion, a P/E ratio of 52.52, a P/E/G ratio of 3.47 and a beta of 1.01. The stock has a fifty day moving average price of $474.94 and a two-hundred day moving average price of $450.48. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

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

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.

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.