Moran Wealth Management LLC lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 5.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,676 shares of the communications equipment provider’s stock after selling 3,774 shares during the quarter. Motorola Solutions accounts for 0.8% of Moran Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Moran Wealth Management LLC’s holdings in Motorola Solutions were worth $27,282,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently made changes to their positions in MSI. Fidelis Capital Partners LLC increased its position in shares of Motorola Solutions by 1.0% in 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 acquiring an additional 22 shares during the period. Omnia Family Wealth LLC increased its holdings in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after buying an additional 25 shares during the last quarter. Harbour Investments Inc. increased its holdings in Motorola Solutions by 2.1% during the third 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 boosted its position in shares of Motorola Solutions by 9.8% in the third quarter. Trust Co. of Vermont now owns 302 shares of the communications equipment provider’s stock worth $136,000 after purchasing an additional 27 shares during the period. Finally, Beacon Capital Management LLC boosted its position in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Analyst Upgrades and Downgrades
MSI has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Raymond James increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Barclays raised their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. raised their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, Bank of America raised their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $493.43.
Motorola Solutions Trading Down 0.0 %
Shares of MSI traded down $0.01 during mid-day trading on Wednesday, reaching $487.45. The stock had a trading volume of 45,818 shares, compared to its average volume of 665,402. 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 52-week low of $307.09 and a 52-week high of $507.82. The business’s fifty day moving average is $462.39 and its 200 day moving average is $417.32. The firm has a market cap of $81.46 billion, a price-to-earnings ratio of 53.39, a P/E/G ratio of 4.02 and a beta of 0.97.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.
Motorola Solutions Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors 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. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.89%. Motorola Solutions’s dividend payout ratio (DPR) is 42.94%.
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.
Further Reading
- Five stocks we like better than Motorola Solutions
- How to Invest in the Best Canadian StocksĀ
- Target Results Are Not a Retail Bellwether: Why the Dip Is a Buy
- What is a Low P/E Ratio and What Does it Tell Investors?
- Williams-Sonoma Stock: Buy It and Never Let It Go
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- 5 Dividend ETFs to Buy and Hold Forever
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.