Natixis Advisors LLC grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 10.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 110,760 shares of the communications equipment provider’s stock after purchasing an additional 10,662 shares during the period. Natixis Advisors LLC’s holdings in Motorola Solutions were worth $49,801,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of MSI. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions during the second quarter worth $25,000. Beacon Capital Management LLC grew its stake in shares of Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares during the period. LRI Investments LLC increased its holdings in shares of Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Crewe Advisors LLC acquired a new stake in shares of Motorola Solutions in the first quarter valued at about $28,000. Finally, Triad Wealth Partners LLC purchased a new stake in Motorola Solutions during the second quarter worth about $29,000. 84.17% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
MSI has been the subject of a number of research reports. Evercore ISI lifted their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Raymond James boosted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Jefferies Financial Group raised their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. boosted their price objective on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Bank of America raised their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Motorola Solutions has an average rating of “Buy” and an average target price of $493.43.
Motorola Solutions Trading Down 1.0 %
Motorola Solutions stock opened at $489.00 on Monday. The stock has a 50-day moving average price of $460.37 and a 200 day moving average price of $415.28. Motorola Solutions, Inc. has a 52 week low of $307.09 and a 52 week high of $507.82. The stock has a market cap of $81.72 billion, a PE ratio of 53.56, a P/E/G ratio of 4.09 and a beta of 0.97. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. Equities research analysts predict that Motorola Solutions, Inc. will post 12.48 earnings per share for the current fiscal year.
Motorola Solutions Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is currently 42.94%.
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.
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