By otakuyassine3@gmail.com 
Revolve Wealth Partners LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, Holdings Channel reports. The fund bought 449 shares of the communications equipment provider’s stock, valued at approximately $208,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in Motorola Solutions by 59,189.5% during the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after acquiring an additional 965,972 shares during the last quarter. Mizuho Securities USA LLC increased its holdings in shares of Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after purchasing an additional 572,040 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Motorola Solutions by 477.9% during the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after purchasing an additional 257,727 shares during the last quarter. State Street Corp lifted its holdings in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after purchasing an additional 198,183 shares during the period. Finally, Barclays PLC grew its position in Motorola Solutions by 29.6% in the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after buying an additional 165,353 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Motorola Solutions Stock Performance
NYSE MSI opened at $465.59 on Wednesday. The business has a 50 day moving average price of $474.49 and a 200 day moving average price of $451.87. The company has a market capitalization of $77.81 billion, a P/E ratio of 51.00, a PEG ratio of 3.47 and a beta of 1.01. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. 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 (NYSE:MSI – Get Free Report) last announced its quarterly earnings results 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 business had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Sell-side analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal 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 issued a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is 47.75%.
Analysts Set New Price Targets
A number of equities analysts have commented on MSI shares. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Raymond James increased their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley increased their target price on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Finally, Barclays lifted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $504.88.
Check Out Our Latest Stock Analysis on Motorola Solutions
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
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