Landscape Capital Management L.L.C. reduced its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 77.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 687 shares of the communications equipment provider’s stock after selling 2,345 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Motorola Solutions were worth $309,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. MFA Wealth Advisors LLC bought a new position in shares of Motorola Solutions during the second quarter worth approximately $25,000. Beacon Capital Management LLC increased its position in Motorola Solutions by 71.8% during the 2nd 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 during the period. LRI Investments LLC lifted its holdings 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. bought a new stake in shares of Motorola Solutions in the third quarter valued at about $31,000. Finally, Planning Capital Management Corp bought a new stake in Motorola Solutions in the 3rd quarter valued at about $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Price Performance
MSI stock opened at $500.90 on Monday. Motorola Solutions, Inc. has a 1 year low of $307.09 and a 1 year 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. The stock has a market cap of $83.71 billion, a price-to-earnings ratio of 54.86, a P/E/G ratio of 4.06 and a beta of 0.97. The company has a 50 day simple moving average of $465.80 and a 200 day simple moving average of $420.28.
Motorola Solutions Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is 42.94%.
Analyst Ratings Changes
Several brokerages recently issued reports on MSI. Jefferies Financial Group boosted their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Raymond James raised their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. JPMorgan Chase & Co. upped their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Evercore ISI lifted their price objective on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $493.43.
Check Out Our Latest Stock Report on Motorola Solutions
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.
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