First Affirmative Financial Network Has $298,000 Holdings in Motorola Solutions, Inc. (NYSE:MSI)

First Affirmative Financial Network lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 18.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 646 shares of the communications equipment provider’s stock after purchasing an additional 102 shares during the quarter. First Affirmative Financial Network’s holdings in Motorola Solutions were worth $298,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of MSI. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the 4th quarter valued at $25,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions in the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Motorola Solutions in the 3rd quarter valued at $31,000. Planning Capital Management Corp acquired a new stake in Motorola Solutions in the 3rd quarter valued at $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions in the 3rd quarter valued at $33,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

MSI has been the topic of several recent analyst reports. Barclays boosted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Bank of America boosted their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley lifted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Finally, Raymond James lifted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Trading Up 2.0 %

MSI stock opened at $472.62 on Friday. The company has a market cap of $78.98 billion, a P/E ratio of 51.77, a PEG ratio of 3.47 and a beta of 1.01. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month 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. The business has a fifty day moving average of $473.48 and a 200-day moving average of $452.48.

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

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a dividend of $1.09 per share. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is presently 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.