BIP Wealth LLC Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

BIP Wealth LLC increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 25.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 738 shares of the communications equipment provider’s stock after purchasing an additional 148 shares during the quarter. BIP Wealth LLC’s holdings in Motorola Solutions were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MSI. MFA Wealth Advisors LLC acquired a new position in shares of Motorola Solutions in the second quarter valued at approximately $25,000. Beacon Capital Management LLC grew its stake in 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 acquiring an additional 28 shares during the period. LRI Investments LLC raised its holdings in Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 61 shares during the last quarter. Crewe Advisors LLC purchased a new position in shares of Motorola Solutions during the 1st quarter worth $28,000. Finally, Triad Wealth Partners LLC acquired a new stake in shares of Motorola Solutions during the second quarter worth $29,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Price Performance

MSI stock opened at $487.46 on Wednesday. The stock has a 50-day simple moving average of $462.39 and a 200-day simple moving average of $417.32. The firm has a market cap of $81.46 billion, a P/E ratio of 53.39, a price-to-earnings-growth ratio of 4.02 and a beta of 0.97. 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 1 year low of $307.09 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, 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 announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.89%. Motorola Solutions’s dividend payout ratio (DPR) is currently 42.94%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MSI shares. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Barclays lifted 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. Evercore ISI upped their price objective on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. upped their price target on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $493.43.

Motorola Solutions 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.