Cottonwood Capital Advisors LLC Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Cottonwood Capital Advisors LLC boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 25.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 719 shares of the communications equipment provider’s stock after acquiring an additional 147 shares during the quarter. Cottonwood Capital Advisors LLC’s holdings in Motorola Solutions were worth $332,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. XTX Topco Ltd grew its holdings in shares of Motorola Solutions by 5.8% in the second quarter. XTX Topco Ltd now owns 838 shares of the communications equipment provider’s stock worth $324,000 after purchasing an additional 46 shares during the last quarter. Public Sector Pension Investment Board grew its stake in Motorola Solutions by 72.2% in the 2nd quarter. Public Sector Pension Investment Board now owns 6,392 shares of the communications equipment provider’s stock worth $2,468,000 after acquiring an additional 2,680 shares in the last quarter. Evergreen Capital Management LLC bought a new stake in shares of Motorola Solutions during the second quarter valued at approximately $229,000. Marshall Wace LLP bought a new stake in shares of Motorola Solutions during the second quarter valued at approximately $14,257,000. Finally, Squarepoint Ops LLC boosted its holdings in shares of Motorola Solutions by 172.0% in the second quarter. Squarepoint Ops LLC now owns 12,242 shares of the communications equipment provider’s stock valued at $4,726,000 after purchasing an additional 7,741 shares during the period. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

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

Motorola Solutions Price Performance

NYSE MSI opened at $479.49 on Friday. The firm’s fifty day simple moving average is $475.13 and its two-hundred day simple moving average is $449.86. The firm has a market capitalization of $80.13 billion, a P/E ratio of 52.52, a P/E/G ratio of 3.47 and a beta of 1.01. 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 12-month low of $314.84 and a 12-month high of $507.82.

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 the consensus estimate of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.91%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is 47.75%.

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.