West Family Investments Inc. Buys 49 Shares of Motorola Solutions, Inc. (NYSE:MSI)

West Family Investments Inc. boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 1.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,811 shares of the communications equipment provider’s stock after acquiring an additional 49 shares during the quarter. West Family Investments Inc.’s holdings in Motorola Solutions were worth $880,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MSI. Alphinity Investment Management Pty Ltd bought a new stake in shares of Motorola Solutions in the 4th quarter valued at about $339,283,000. Ameriprise Financial Inc. grew its stake in Motorola Solutions by 67.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock valued at $324,614,000 after buying an additional 482,023 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new position in Motorola Solutions in the 3rd quarter valued at about $77,388,000. International Assets Investment Management LLC grew its stake in Motorola Solutions by 1,208.6% in the 4th quarter. International Assets Investment Management LLC now owns 191,611 shares of the communications equipment provider’s stock valued at $59,991,000 after buying an additional 176,968 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its position in shares of Motorola Solutions by 61.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 333,697 shares of the communications equipment provider’s stock worth $90,846,000 after purchasing an additional 126,517 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Insider Activity at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares in the company, valued at approximately $2,961,229.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

MSI has been the subject of several research reports. Evercore ISI started coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They issued an “outperform” rating and a $400.00 price objective for the company. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. Deutsche Bank Aktiengesellschaft started coverage on shares of Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research report on Friday, February 9th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $348.38.

Motorola Solutions Price Performance

Shares of NYSE:MSI traded down $0.99 during midday trading on Thursday, reaching $335.01. 410,940 shares of the company’s stock traded hands, compared to its average volume of 643,658. The company has a fifty day simple moving average of $342.82 and a two-hundred day simple moving average of $323.30. The company has a debt-to-equity ratio of 6.37, a quick ratio of 0.85 and a current ratio of 1.00. The company has a market cap of $55.65 billion, a P/E ratio of 33.83, a PEG ratio of 3.13 and a beta of 0.91. Motorola Solutions, Inc. has a 1 year low of $269.64 and a 1 year high of $355.39.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating the consensus estimate of $3.63 by $0.27. The company had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.82 billion. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. Motorola Solutions’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $3.38 EPS. Equities analysts predict that Motorola Solutions, Inc. will post 11.74 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were paid a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.17%. Motorola Solutions’s dividend payout ratio (DPR) is currently 39.48%.

Motorola Solutions Company 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.