Alpha Cubed Investments LLC Grows Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Alpha Cubed Investments LLC grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 920 shares of the communications equipment provider’s stock after purchasing an additional 83 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Motorola Solutions were worth $425,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MSI. International Assets Investment Management LLC increased its holdings in Motorola Solutions by 59,189.5% in the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after acquiring an additional 965,972 shares during the last quarter. Mizuho Securities USA LLC boosted its position in Motorola Solutions by 4,447.9% during the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after purchasing an additional 572,040 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Motorola Solutions by 477.9% in the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after purchasing an additional 257,727 shares in the last quarter. State Street Corp raised its position in shares of Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares during the period. Finally, Barclays PLC lifted its stake in shares of Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after buying an additional 165,353 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

MSI has been the subject of a number of recent research reports. Raymond James lifted their price objective 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. Barclays lifted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. 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 note on Tuesday, November 26th. Morgan Stanley raised their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Finally, Bank of America increased their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $467.65 on Wednesday. The company’s fifty day moving average price is $476.58 and its 200-day moving average price is $448.95. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The firm has a market capitalization of $78.15 billion, a price-to-earnings ratio of 51.22, a PEG ratio of 3.42 and a beta of 1.01. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82.

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

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a $1.09 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.93%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.