Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Wellington Shields & Co. LLC

Wellington Shields & Co. LLC raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,347 shares of the communications equipment provider’s stock after acquiring an additional 74 shares during the quarter. Wellington Shields & Co. LLC’s holdings in Motorola Solutions were worth $623,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Tradition Wealth Management LLC grew its position in Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after acquiring an additional 21 shares in the last quarter. Center for Financial Planning Inc. grew its position in Motorola Solutions by 0.5% in the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after acquiring an additional 25 shares in the last quarter. Harbour Investments Inc. grew its position in Motorola Solutions by 2.1% in the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after acquiring an additional 26 shares in the last quarter. Harvest Fund Management Co. Ltd grew its position in Motorola Solutions by 0.9% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after acquiring an additional 26 shares in the last quarter. Finally, Hancock Whitney Corp grew its position in Motorola Solutions by 0.4% in the 3rd quarter. Hancock Whitney Corp now owns 5,812 shares of the communications equipment provider’s stock valued at $2,613,000 after acquiring an additional 26 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

MSI stock opened at $418.07 on Friday. The business has a 50 day moving average price of $450.02 and a 200 day moving average price of $460.04. The stock has a market cap of $69.79 billion, a price-to-earnings ratio of 45.34, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week 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) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio is currently 47.29%.

Analysts Set New Price Targets

MSI has been the subject of a number of analyst reports. Morgan Stanley boosted 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. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.

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.