Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Ballentine Partners LLC

Ballentine Partners LLC increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,949 shares of the communications equipment provider’s stock after purchasing an additional 38 shares during the quarter. Ballentine Partners LLC’s holdings in Motorola Solutions were worth $1,363,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MSI. XTX Topco Ltd lifted its holdings in shares of Motorola Solutions by 5.8% during the second quarter. XTX Topco Ltd now owns 838 shares of the communications equipment provider’s stock worth $324,000 after purchasing an additional 46 shares during the period. Sei Investments Co. raised its position in Motorola Solutions by 12.2% in the second quarter. Sei Investments Co. now owns 68,760 shares of the communications equipment provider’s stock worth $26,545,000 after acquiring an additional 7,481 shares in the last quarter. Profund Advisors LLC raised its position in Motorola Solutions by 7.1% in the second quarter. Profund Advisors LLC now owns 3,471 shares of the communications equipment provider’s stock worth $1,340,000 after acquiring an additional 230 shares in the last quarter. Frank Rimerman Advisors LLC raised its position in Motorola Solutions by 22,800.0% in the second quarter. Frank Rimerman Advisors LLC now owns 1,832 shares of the communications equipment provider’s stock worth $707,000 after acquiring an additional 1,824 shares in the last quarter. Finally, DRW Securities LLC purchased a new position in Motorola Solutions in the second quarter worth $522,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on MSI shares. Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Barclays increased their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Morgan Stanley increased their price objective 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. Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Trading Up 0.6 %

Shares of MSI stock opened at $467.65 on Wednesday. The stock has a market cap of $78.15 billion, a P/E ratio of 51.22, a P/E/G ratio of 3.42 and a beta of 1.01. The business has a fifty day simple moving average of $476.58 and a 200-day simple moving average of $448.95. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 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, topping analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 0.93%. 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 (DPR) is currently 47.75%.

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.