Berbice Capital Management LLC Takes Position in Motorola Solutions, Inc. (NYSE:MSI)

Berbice Capital Management LLC purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 560 shares of the communications equipment provider’s stock, valued at approximately $259,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tradition Wealth Management LLC increased its stake 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 acquiring an additional 21 shares during the last quarter. Fidelis Capital Partners LLC increased its stake in shares of 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 worth $1,038,000 after buying an additional 22 shares during the period. Omnia Family Wealth LLC increased its stake in Motorola Solutions by 2.2% in the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after purchasing an additional 25 shares during the last quarter. Harbour Investments Inc. increased its stake in Motorola Solutions by 2.1% in the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after purchasing an additional 26 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd boosted its holdings in shares of Motorola Solutions by 0.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after acquiring an additional 26 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.0 %

Shares of NYSE:MSI opened at $475.84 on Friday. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82. The stock has a market cap of $79.52 billion, a PE ratio of 52.19, a P/E/G ratio of 3.47 and a beta of 1.01. The business has a 50 day moving average of $475.49 and a 200-day moving average of $449.68. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last announced its 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 during the quarter, compared to analyst estimates 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 research analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a $1.09 dividend. The ex-dividend date was 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 yield of 0.92%. Motorola Solutions’s payout ratio is currently 47.75%.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of recent analyst reports. Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley lifted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Bank of America lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

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.