Triasima Portfolio Management inc. Purchases Shares of 4,435 Motorola Solutions, Inc. (NYSE:MSI)

Triasima Portfolio Management inc. purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,435 shares of the communications equipment provider’s stock, valued at approximately $2,050,000.

Several other institutional investors have also added to or reduced their stakes in the company. Tradition Wealth Management LLC boosted its holdings in shares of Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after purchasing an additional 21 shares during the period. Fidelis Capital Partners LLC raised its position in Motorola Solutions by 1.0% during the 3rd quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after purchasing an additional 22 shares in the last quarter. Omnia Family Wealth LLC raised its position in shares of Motorola Solutions by 2.2% in the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after acquiring an additional 25 shares in the last quarter. Harbour Investments Inc. raised its position in shares of Motorola Solutions by 2.1% in the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after acquiring an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd raised its position in shares of Motorola Solutions by 0.9% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after acquiring an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

MSI has been the topic of several recent analyst reports. 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 research report on Wednesday, October 23rd. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft upped 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. Raymond James upped 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. Finally, Morgan Stanley upped their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Price Performance

NYSE:MSI opened at $481.83 on Friday. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock has a market cap of $80.52 billion, a PE ratio of 52.77, a P/E/G ratio of 3.45 and a beta of 1.02. The stock has a 50 day moving average price of $470.81 and a 200 day moving average price of $455.45.

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, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Equities research analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 0.90%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 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.