Consolidated Planning Corp Raises Stake in Motorola Solutions, Inc. (NYSE:MSI)

Consolidated Planning Corp boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 10.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,974 shares of the communications equipment provider’s stock after purchasing an additional 2,057 shares during the quarter. Motorola Solutions comprises 1.4% of Consolidated Planning Corp’s portfolio, making the stock its 17th largest position. Consolidated Planning Corp’s holdings in Motorola Solutions were worth $9,431,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC increased 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 purchasing an additional 965,972 shares in the last quarter. Swedbank AB increased its holdings in shares of Motorola Solutions by 215.7% in the 2nd quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock worth $395,298,000 after purchasing an additional 699,615 shares in the last quarter. Wulff Hansen & CO. lifted its holdings in shares of Motorola Solutions by 38,505.0% during the second quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock valued at $268,858,000 after purchasing an additional 694,630 shares in the last quarter. National Bank of Canada FI boosted its position in shares of Motorola Solutions by 428.2% during the second quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock valued at $193,798,000 after buying an additional 406,638 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in Motorola Solutions by 1,477.3% in the 1st quarter. Janus Henderson Group PLC now owns 358,206 shares of the communications equipment provider’s stock worth $127,149,000 after buying an additional 335,496 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $470.00 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 7.03. Motorola Solutions, Inc. has a 52 week low of $305.73 and a 52 week high of $480.28. The stock’s 50-day simple moving average is $452.76 and its 200-day simple moving average is $407.52. The company has a market capitalization of $78.41 billion, a price-to-earnings ratio of 55.04, a PEG ratio of 3.86 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last announced 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. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. As a group, analysts expect that Motorola Solutions, Inc. will post 12.22 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were given a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.83%. Motorola Solutions’s dividend payout ratio is currently 45.90%.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of research analyst reports. Jefferies Financial Group lifted their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Evercore ISI raised their price target on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. 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 boosted their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Barclays boosted their target price on shares of Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions presently has a consensus rating of “Buy” and an average target price of $479.50.

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.