Motorola Solutions, Inc. (NYSE:MSI) Position Boosted by Thematics Asset Management

Thematics Asset Management lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 67,000 shares of the communications equipment provider’s stock after acquiring an additional 1,000 shares during the quarter. Motorola Solutions makes up about 1.2% of Thematics Asset Management’s investment portfolio, making the stock its 23rd biggest position. Thematics Asset Management’s holdings in Motorola Solutions were worth $30,125,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions in the second quarter valued at approximately $25,000. Beacon Capital Management LLC increased its holdings 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 purchasing an additional 28 shares during the period. LRI Investments LLC raised its position in shares of Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in Motorola Solutions during the second quarter worth approximately $29,000. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions during the 3rd quarter valued at $31,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MSI has been the subject of several research reports. Jefferies Financial Group raised their price objective on shares of 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. increased their price objective on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Bank of America upped their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Evercore ISI raised their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Finally, Barclays boosted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, Motorola Solutions presently has a consensus rating of “Buy” and a consensus target price of $493.43.

Motorola Solutions Stock Up 1.1 %

Shares of NYSE MSI traded up $5.15 during mid-day trading on Tuesday, reaching $493.52. The company had a trading volume of 157,425 shares, compared to its average volume of 673,492. The stock’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 quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. The stock has a market capitalization of $82.48 billion, a PE ratio of 53.50, a price-to-earnings-growth ratio of 4.11 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data 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 firm 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 anticipate that Motorola Solutions, Inc. will post 12.48 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.88%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is presently 47.75%.

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.