Aptus Capital Advisors LLC Has $14.60 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Aptus Capital Advisors LLC increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 22.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,477 shares of the communications equipment provider’s stock after purchasing an additional 5,938 shares during the period. Aptus Capital Advisors LLC’s holdings in Motorola Solutions were worth $14,603,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. MFA Wealth Advisors LLC bought a new stake in Motorola Solutions during the second quarter worth about $25,000. Beacon Capital Management LLC increased 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 buying an additional 28 shares in the last quarter. LRI Investments LLC grew its position in shares of Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new position in Motorola Solutions during the 3rd quarter valued at about $31,000. Finally, Triad Wealth Partners LLC purchased a new stake in Motorola Solutions in the 2nd quarter valued at about $29,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

NYSE:MSI traded down $0.88 on Tuesday, reaching $496.08. The stock had a trading volume of 79,336 shares, compared to its average volume of 666,787. The company has a market capitalization of $82.77 billion, a P/E ratio of 54.43, a price-to-earnings-growth ratio of 4.24 and a beta of 0.97. Motorola Solutions, Inc. has a 1-year low of $307.09 and a 1-year high of $507.82. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 7.03. The stock has a fifty day moving average price of $455.77 and a 200-day moving average price of $411.01.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 310.04%. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Research analysts forecast that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were paid a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Friday, September 13th. Motorola Solutions’s dividend payout ratio (DPR) is 42.94%.

Analyst Ratings Changes

MSI has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price objective 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. Deutsche Bank Aktiengesellschaft boosted 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. Raymond James upped their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday. Bank of America increased their target price 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. Finally, Barclays lifted 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. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $493.43.

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.