Harvest Fund Management Co. Ltd Purchases 26 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Harvest Fund Management Co. Ltd grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 0.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,989 shares of the communications equipment provider’s stock after purchasing an additional 26 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Motorola Solutions were worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its position in shares of Motorola Solutions by 27.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 435,843 shares of the communications equipment provider’s stock worth $154,716,000 after purchasing an additional 95,078 shares in the last quarter. Silvercrest Asset Management Group LLC lifted its holdings in shares of Motorola Solutions by 25.3% in the first quarter. Silvercrest Asset Management Group LLC now owns 24,736 shares of the communications equipment provider’s stock worth $8,781,000 after buying an additional 4,997 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Motorola Solutions by 1,477.3% during the first quarter. Janus Henderson Group PLC now owns 358,206 shares of the communications equipment provider’s stock worth $127,149,000 after acquiring an additional 335,496 shares during the last quarter. Ancora Advisors LLC boosted its position in shares of Motorola Solutions by 0.5% during the first quarter. Ancora Advisors LLC now owns 6,771 shares of the communications equipment provider’s stock worth $2,404,000 after acquiring an additional 31 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its position in shares of Motorola Solutions by 39.9% during the first quarter. B. Riley Wealth Advisors Inc. now owns 3,873 shares of the communications equipment provider’s stock worth $1,375,000 after acquiring an additional 1,105 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Trading Down 2.5 %

MSI stock opened at $488.48 on Tuesday. The company has a market capitalization of $81.64 billion, a PE ratio of 53.50, a P/E/G ratio of 4.11 and a beta of 0.97. Motorola Solutions, Inc. has a 12 month low of $307.09 and a 12 month high of $507.82. The firm’s 50-day moving average is $466.71 and its 200 day moving average is $421.19. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. The company had revenue of $2.79 billion for 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%. On average, research analysts anticipate that Motorola Solutions, Inc. will post 12.48 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is 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 currently 47.75%.

Analysts Set New Price Targets

MSI has been the subject of a number of research reports. JPMorgan Chase & Co. upped their target price 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. Jefferies Financial Group upped their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Evercore ISI upped their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Finally, Barclays upped their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $493.43.

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.