Lifeworks Advisors LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 12.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,143 shares of the communications equipment provider’s stock after acquiring an additional 987 shares during the period. Lifeworks Advisors LLC’s holdings in Motorola Solutions were worth $4,111,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its position in shares of Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after purchasing an additional 965,972 shares during the last quarter. Swedbank AB lifted its holdings in Motorola Solutions by 215.7% during the 2nd quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock worth $395,298,000 after buying an additional 699,615 shares during the last quarter. Wulff Hansen & CO. grew its position in shares of Motorola Solutions by 38,505.0% in the 2nd quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock worth $268,858,000 after acquiring an additional 694,630 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of Motorola Solutions by 428.2% in the 2nd quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock valued at $193,798,000 after acquiring an additional 406,638 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in shares of Motorola Solutions by 1,477.3% during the 1st quarter. Janus Henderson Group PLC now owns 358,206 shares of the communications equipment provider’s stock valued at $127,149,000 after acquiring an additional 335,496 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
MSI has been the topic of a number of recent research reports. 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 report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Bank of America upped their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Jefferies Financial Group upped their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $493.43.
Motorola Solutions Price Performance
MSI stock traded down $1.22 during trading on Thursday, hitting $495.48. The company had a trading volume of 50,047 shares, compared to its average volume of 666,476. The business has a 50 day moving average of $458.10 and a 200 day moving average of $412.66. The firm has a market capitalization of $82.80 billion, a price-to-earnings ratio of 54.40, a P/E/G ratio of 4.16 and a beta of 0.97. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a fifty-two week low of $307.09 and a fifty-two week high of $507.82.
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 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 251.96%. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. As a group, research analysts predict that Motorola Solutions, Inc. will post 12.26 earnings per share for the current year.
Motorola Solutions Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were given a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Friday, September 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 42.94%.
About Motorola Solutions
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.
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