Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 5.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 250,487 shares of the communications equipment provider’s stock after acquiring an additional 12,364 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Motorola Solutions were worth $114,545,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of MSI. Revolve Wealth Partners LLC acquired a new stake in Motorola Solutions during the 4th quarter valued at $208,000. Sivia Capital Partners LLC purchased a new stake in Motorola Solutions during the 2nd quarter worth about $210,000. Farther Finance Advisors LLC raised its stake in Motorola Solutions by 29.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,739 shares of the communications equipment provider’s stock valued at $731,000 after purchasing an additional 395 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in Motorola Solutions by 7.4% in the 2nd quarter. Park Avenue Securities LLC now owns 7,149 shares of the communications equipment provider’s stock valued at $3,006,000 after purchasing an additional 490 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Motorola Solutions by 6.3% during the 2nd quarter. GAMMA Investing LLC now owns 2,632 shares of the communications equipment provider’s stock worth $1,107,000 after purchasing an additional 155 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
MSI has been the subject of a number of analyst reports. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective for the company in a research report on Monday, December 1st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Motorola Solutions in a research note on Monday, December 29th. Piper Sandler upgraded Motorola Solutions from a “neutral” rating to an “overweight” rating and cut their price target for the company from $465.00 to $443.00 in a report on Monday, January 5th. Finally, Barclays decreased their price objective on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $491.86.
Motorola Solutions Stock Performance
Shares of MSI stock opened at $391.33 on Wednesday. The company has a debt-to-equity ratio of 3.59, a quick ratio of 0.86 and a current ratio of 1.03. The firm has a market capitalization of $65.18 billion, a price-to-earnings ratio of 31.41, a price-to-earnings-growth ratio of 2.99 and a beta of 1.00. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22. The company has a 50 day moving average price of $377.42 and a 200 day moving average price of $422.08.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.85 by $0.21. The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company earned $3.74 EPS. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Monday, December 15th were paid a dividend of $1.21 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. This represents a $4.84 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, December 15th. Motorola Solutions’s payout ratio is currently 38.84%.
About Motorola Solutions
Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.
Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.
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