Snowden Capital Advisors LLC Increases Position in Motorola Solutions, Inc. (NYSE:MSI)

Snowden Capital Advisors LLC increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 217.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,711 shares of the communications equipment provider’s stock after buying an additional 5,971 shares during the period. Snowden Capital Advisors LLC’s holdings in Motorola Solutions were worth $4,036,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

MSI has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their target price on Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Wednesday. Barclays lowered their target price on Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating for the company in a report on Monday, May 5th. Finally, Morgan Stanley upped their target price on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. One investment 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 an average rating of “Moderate Buy” and an average price target of $513.25.

Motorola Solutions Price Performance

Shares of MSI opened at $423.93 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $356.77 and a fifty-two week high of $507.82. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company has a market capitalization of $70.76 billion, a P/E ratio of 45.98, a P/E/G ratio of 3.82 and a beta of 0.98. The business’s 50-day moving average is $421.05 and its two-hundred day moving average is $450.29.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating analysts’ consensus estimates of $3.01 by $0.17. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same period last year, the firm earned $2.81 EPS. The company’s quarterly revenue was up 5.8% on a year-over-year basis. Research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, June 13th. Motorola Solutions’s dividend payout ratio is presently 36.39%.

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.