Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $1.79 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,865 shares of the communications equipment provider’s stock after selling 80 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Motorola Solutions were worth $1,786,000 as of its most recent SEC filing.

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

Motorola Solutions Stock Performance

NYSE:MSI opened at $467.95 on Tuesday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The firm has a market cap of $78.20 billion, a price-to-earnings ratio of 51.25, a PEG ratio of 3.47 and a beta of 1.01. The business’s fifty day moving average is $474.94 and its 200 day moving average is $451.31.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Research analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 0.93%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MSI. Barclays lifted their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley lifted their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Finally, Raymond James boosted 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. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $504.88.

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.