Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 1.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 753,941 shares of the communications equipment provider’s stock after buying an additional 10,996 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.45% of Motorola Solutions worth $175,156,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in MSI. Asset Dedication LLC acquired a new position in shares of Motorola Solutions in the third quarter worth about $29,000. Moors & Cabot Inc. boosted its holdings in shares of Motorola Solutions by 1,534.9% in the third quarter. Moors & Cabot Inc. now owns 30,000 shares of the communications equipment provider’s stock worth $33,000 after buying an additional 28,165 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in shares of Motorola Solutions in the second quarter worth about $36,000. Atlas Capital Advisors LLC boosted its holdings in shares of Motorola Solutions by 38.1% in the third quarter. Atlas Capital Advisors LLC now owns 174 shares of the communications equipment provider’s stock worth $40,000 after buying an additional 48 shares during the period. Finally, JFS Wealth Advisors LLC boosted its holdings in shares of Motorola Solutions by 392.2% during the third quarter. JFS Wealth Advisors LLC now owns 251 shares of the communications equipment provider’s stock worth $58,000 after purchasing an additional 200 shares during the period. Institutional investors own 84.88% of the company’s stock.

MSI has been the subject of several research reports. Morgan Stanley raised their price target on shares of Motorola Solutions from $230.00 to $265.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 15th. Raymond James raised their price target on shares of Motorola Solutions from $245.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, November 5th. Credit Suisse Group decreased their price target on shares of Motorola Solutions from $307.00 to $303.00 and set an “outperform” rating for the company in a report on Friday, November 5th. Barclays raised their price target on shares of Motorola Solutions from $267.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, November 5th. Finally, Northcoast Research cut shares of Motorola Solutions from a “buy” rating to a “neutral” rating in a research note on Thursday, October 28th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $257.15.

NYSE MSI opened at $251.13 on Friday. Motorola Solutions, Inc. has a 12-month low of $167.07 and a 12-month high of $273.65. The stock has a market capitalization of $42.42 billion, a PE ratio of 34.73, a price-to-earnings-growth ratio of 3.08 and a beta of 0.76. The company has a 50 day moving average price of $257.70 and a two-hundred day moving average price of $242.78.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 4th. The communications equipment provider reported $2.35 EPS for the quarter, beating the Zacks’ consensus estimate of $1.94 by $0.41. Motorola Solutions had a net margin of 15.46% and a negative return on equity of 370.72%. The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.06 billion. During the same quarter last year, the firm posted $1.81 earnings per share. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. On average, analysts expect that Motorola Solutions, Inc. will post 8.31 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, January 14th. Stockholders of record on Wednesday, December 15th were given a $0.79 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend was Tuesday, December 14th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.26%. Motorola Solutions’s dividend payout ratio (DPR) is currently 43.71%.

About Motorola Solutions

Motorola Solutions, Inc engages in the provision of communication infrastructure, devices, accessories, software and services. It operates through the following segments: Products & Systems Integration and Software & Services. The Products & Systems Integration segment offers an extensive portfolio of infrastructure, devices, accessories, video security devices and infrastructure, and the implementation and integration of such systems, devices, and applications.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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