1,050 Shares in Motorola Solutions, Inc. (NYSE:MSI) Acquired by MQS Management LLC

MQS Management LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,050 shares of the communications equipment provider’s stock, valued at approximately $472,000.

Several other institutional investors have also modified their holdings of MSI. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions during the 2nd quarter worth $25,000. Beacon Capital Management LLC grew its position in shares of Motorola Solutions by 71.8% during the second 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 worth $26,000 after buying an additional 61 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Motorola Solutions during the third quarter worth approximately $31,000. Finally, Triad Wealth Partners LLC acquired a new stake in Motorola Solutions in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Evercore ISI upped their price objective on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Raymond James upped their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Bank of America raised their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Buy” and an average price target of $493.43.

Motorola Solutions Price Performance

MSI stock opened at $496.70 on Thursday. The business has a 50 day simple moving average of $456.91 and a 200-day simple moving average of $412.07. The company has a market capitalization of $83.01 billion, a P/E ratio of 54.40, a PEG ratio of 4.16 and a beta of 0.97. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. 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 (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.76 billion. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Announces Dividend

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

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.