GSA Capital Partners LLP Invests $1.27 Million in Motorola Solutions, Inc. (NYSE:MSI)

GSA Capital Partners LLP bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,828 shares of the communications equipment provider’s stock, valued at approximately $1,272,000.

A number of other large investors have also added to or reduced their stakes in MSI. M&G Plc purchased a new stake in Motorola Solutions during the 1st quarter worth approximately $68,131,000. First Foundation Advisors raised its holdings in Motorola Solutions by 37.7% in the first quarter. First Foundation Advisors now owns 354 shares of the communications equipment provider’s stock valued at $126,000 after acquiring an additional 97 shares in the last quarter. TIAA Trust National Association boosted its stake in Motorola Solutions by 1.3% during the 1st quarter. TIAA Trust National Association now owns 3,774 shares of the communications equipment provider’s stock valued at $1,340,000 after acquiring an additional 50 shares during the last quarter. Edgestream Partners L.P. boosted its stake in Motorola Solutions by 90.6% during the 1st quarter. Edgestream Partners L.P. now owns 7,546 shares of the communications equipment provider’s stock valued at $2,679,000 after acquiring an additional 3,586 shares during the last quarter. Finally, Catalytic Wealth RIA LLC raised its stake in shares of Motorola Solutions by 40.2% in the 1st quarter. Catalytic Wealth RIA LLC now owns 1,713 shares of the communications equipment provider’s stock valued at $608,000 after purchasing an additional 491 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Evercore ISI increased their price objective on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Jefferies Financial Group upped their price objective on Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Buy” and an average price target of $493.43.

Motorola Solutions Stock Down 0.6 %

Shares of Motorola Solutions stock opened at $493.70 on Friday. 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, Inc. has a 1-year low of $307.09 and a 1-year high of $507.82. The business’s fifty day moving average price is $458.10 and its two-hundred day moving average price is $412.66. The company has a market capitalization of $82.51 billion, a P/E ratio of 54.07, a PEG ratio of 4.16 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, research analysts forecast that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be issued a $1.09 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.88%. Motorola Solutions’s dividend payout ratio (DPR) is 42.94%.

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.