Frazier Financial Advisors LLC trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 27.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 73 shares of the communications equipment provider’s stock after selling 28 shares during the quarter. Frazier Financial Advisors LLC’s holdings in Motorola Solutions were worth $33,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Fidelis Capital Partners LLC increased its stake in shares of Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after buying an additional 22 shares during the period. Omnia Family Wealth LLC increased its stake in shares of Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after buying an additional 25 shares during the period. Harbour Investments Inc. increased its stake in shares of Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after buying an additional 26 shares during the period. Trust Co. of Vermont increased its stake in shares of Motorola Solutions by 9.8% during the third quarter. Trust Co. of Vermont now owns 302 shares of the communications equipment provider’s stock valued at $136,000 after buying an additional 27 shares during the period. Finally, Beacon Capital Management LLC increased its stake in shares of Motorola Solutions by 71.8% during the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 28 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts recently weighed in on MSI shares. Jefferies Financial Group lifted 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. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report 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. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. lifted their price target on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $493.43.
Motorola Solutions Trading Down 1.0 %
Motorola Solutions stock opened at $489.00 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The business’s fifty day simple moving average is $460.37 and its two-hundred day simple moving average is $414.73. Motorola Solutions, Inc. has a 12 month low of $307.09 and a 12 month high of $507.82. The company has a market capitalization of $81.72 billion, a price-to-earnings ratio of 53.56, a price-to-earnings-growth ratio of 4.09 and a beta of 0.97.
Motorola Solutions (NYSE:MSI – Get Free Report) last released its 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 business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, equities 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. Stockholders of record on Friday, December 13th will be issued a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 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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