Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Tradition Wealth Management LLC

Tradition Wealth Management LLC grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 654 shares of the communications equipment provider’s stock after buying an additional 21 shares during the quarter. Tradition Wealth Management LLC’s holdings in Motorola Solutions were worth $294,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Cetera Investment Advisers raised its position in Motorola Solutions by 224.4% in the first quarter. Cetera Investment Advisers now owns 36,350 shares of the communications equipment provider’s stock valued at $12,904,000 after purchasing an additional 25,146 shares during the period. Cetera Advisors LLC raised its holdings in shares of Motorola Solutions by 270.3% during the 1st quarter. Cetera Advisors LLC now owns 11,005 shares of the communications equipment provider’s stock valued at $3,907,000 after buying an additional 8,033 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Motorola Solutions by 13.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 384 shares of the communications equipment provider’s stock valued at $130,000 after buying an additional 46 shares during the period. Transcend Capital Advisors LLC acquired a new position in Motorola Solutions during the 2nd quarter worth approximately $235,000. Finally, GAMMA Investing LLC boosted its holdings in Motorola Solutions by 45.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,511 shares of the communications equipment provider’s stock worth $583,000 after acquiring an additional 470 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. 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. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Jefferies Financial Group increased their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Finally, Barclays lifted their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $506.29.

Motorola Solutions Trading Down 0.2 %

Shares of NYSE MSI opened at $499.70 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock’s 50 day moving average price is $471.53 and its two-hundred day moving average price is $425.07. Motorola Solutions, Inc. has a 52-week low of $307.09 and a 52-week high of $507.82. The stock has a market capitalization of $83.51 billion, a P/E ratio of 54.73, a PEG ratio of 3.96 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, 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 business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. On average, analysts anticipate that Motorola Solutions, Inc. will post 12.54 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be issued a $1.09 dividend. The ex-dividend date is Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.87%. 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.