Mediolanum International Funds Ltd Grows Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Mediolanum International Funds Ltd increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 359.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,059 shares of the communications equipment provider’s stock after purchasing an additional 28,998 shares during the period. Mediolanum International Funds Ltd’s holdings in Motorola Solutions were worth $17,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the 4th quarter valued at about $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the fourth quarter worth about $26,000. FSA Wealth Management LLC purchased a new position in Motorola Solutions during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions in the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions in the third quarter valued at approximately $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $472.62 on Friday. The stock has a market capitalization of $78.98 billion, a P/E ratio of 51.77, a PEG ratio of 3.41 and a beta of 1.01. The business has a 50 day simple moving average of $473.48 and a two-hundred day simple moving average of $452.48. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month 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) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $2.76 billion. As a group, analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is currently 47.75%.

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.