Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by BIP Wealth LLC

BIP Wealth LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 25.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 738 shares of the communications equipment provider’s stock after purchasing an additional 148 shares during the quarter. BIP Wealth LLC’s holdings in Motorola Solutions were worth $332,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Fidelis Capital Partners LLC grew its position in shares of Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after acquiring an additional 22 shares during the last quarter. Omnia Family Wealth LLC grew its position in Motorola Solutions by 2.2% in the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after purchasing an additional 25 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of Motorola Solutions by 2.1% in the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after purchasing an additional 26 shares during the period. Trust Co. of Vermont raised its holdings in shares of Motorola Solutions by 9.8% during the third quarter. Trust Co. of Vermont now owns 302 shares of the communications equipment provider’s stock valued at $136,000 after buying an additional 27 shares during the last quarter. Finally, Beacon Capital Management LLC raised its holdings 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 valued at $26,000 after buying an additional 28 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MSI has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on 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 lifted 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. JPMorgan Chase & Co. increased their target price on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Barclays boosted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Finally, Evercore ISI increased their price objective on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, August 30th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $493.43.

Motorola Solutions Stock Performance

Shares of MSI opened at $487.46 on Wednesday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The firm’s 50 day moving average is $462.39 and its 200-day moving average is $417.32. Motorola Solutions, Inc. has a 12-month low of $307.09 and a 12-month high of $507.82. The stock has a market capitalization of $81.46 billion, a P/E ratio of 53.39, a P/E/G ratio of 4.02 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Equities research analysts anticipate that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.89%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions’s dividend payout ratio is currently 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.