Freemont Management S.A. boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 180.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 14,000 shares of the communications equipment provider’s stock after buying an additional 9,000 shares during the period. Motorola Solutions makes up 3.1% of Freemont Management S.A.’s investment portfolio, making the stock its 6th largest position. Freemont Management S.A.’s holdings in Motorola Solutions were worth $6,295,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Fidelis Capital Partners LLC lifted its position in 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 purchasing an additional 22 shares during the period. Harbour Investments Inc. raised its stake in Motorola Solutions by 2.1% during the 3rd 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 last quarter. Trust Co. of Vermont lifted its holdings in shares of Motorola Solutions by 9.8% during the 3rd 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. Beacon Capital Management LLC boosted its stake in shares of Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 28 shares during the last quarter. Finally, Range Financial Group LLC grew its holdings in shares of Motorola Solutions by 2.0% in the second quarter. Range Financial Group LLC now owns 1,424 shares of the communications equipment provider’s stock worth $550,000 after acquiring an additional 28 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the company. JPMorgan Chase & Co. increased their target price on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Bank of America raised their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays boosted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Jefferies Financial Group increased their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Finally, Raymond James boosted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Buy” and an average target price of $493.43.
Motorola Solutions Trading Down 0.2 %
Motorola Solutions stock opened at $496.70 on Thursday. 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’s 50 day moving average price is $456.91 and its 200-day moving average price is $412.07. Motorola Solutions, Inc. has a 1 year low of $307.09 and a 1 year high of $507.82. The stock has a market cap of $83.01 billion, a P/E ratio of 54.40, a PEG ratio of 4.16 and a beta of 0.97.
Motorola Solutions (NYSE:MSI – Get Free Report) 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. 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 analyst estimates of $2.76 billion. On average, equities analysts predict that Motorola Solutions, Inc. will post 12.26 earnings per share for the current fiscal year.
Motorola Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were paid a $0.98 dividend. The ex-dividend date was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.79%. Motorola Solutions’s payout ratio is currently 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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