Secure Asset Management LLC Invests $220,000 in Motorola Solutions, Inc. (NYSE:MSI)

Secure Asset Management LLC bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the fourth quarter, Holdings Channel reports. The institutional investor bought 475 shares of the communications equipment provider’s stock, valued at approximately $220,000.

Several other institutional investors have also bought and sold shares of MSI. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions in the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Motorola Solutions in the 3rd quarter valued at about $31,000. Planning Capital Management Corp purchased a new position in shares of Motorola Solutions in the 3rd quarter worth approximately $32,000. MidAtlantic Capital Management Inc. bought a new position in shares of Motorola Solutions in the third quarter valued at approximately $33,000. Finally, Strategic Investment Solutions Inc. IL purchased a new stake in shares of Motorola Solutions during the second quarter valued at approximately $32,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.7 %

MSI stock opened at $479.49 on Friday. The stock has a 50-day simple moving average of $474.94 and a two-hundred day simple moving average of $450.48. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The firm has a market capitalization of $80.13 billion, a PE ratio of 52.52, a PEG ratio of 3.47 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

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

Motorola Solutions Increases Dividend

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

Wall Street Analyst Weigh In

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

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.