Vest Financial LLC Boosts Stake in Motorola Solutions, Inc. $MSI

Vest Financial LLC lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 57.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,087 shares of the communications equipment provider’s stock after purchasing an additional 2,597 shares during the period. Vest Financial LLC’s holdings in Motorola Solutions were worth $3,241,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of MSI. Valeo Financial Advisors LLC increased its position in shares of Motorola Solutions by 2.3% in the second quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock valued at $397,000 after buying an additional 21 shares in the last quarter. Advisors Capital Management LLC grew its stake in Motorola Solutions by 1.0% in the 2nd quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock valued at $1,031,000 after acquiring an additional 24 shares during the period. Kingsview Wealth Management LLC increased its holdings in Motorola Solutions by 0.3% in the 2nd quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock worth $3,833,000 after acquiring an additional 24 shares in the last quarter. Rexford Capital Inc. raised its position in Motorola Solutions by 0.6% during the third quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock worth $1,780,000 after acquiring an additional 24 shares during the period. Finally, IFC Advisors LLC lifted its holdings in Motorola Solutions by 0.6% during the second quarter. IFC Advisors LLC now owns 4,043 shares of the communications equipment provider’s stock valued at $1,700,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on MSI shares. Piper Sandler raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and cut their target price for the stock from $465.00 to $443.00 in a research note on Monday, January 5th. Barclays lowered 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. Weiss Ratings reissued a “hold (c+)” rating on shares of Motorola Solutions in a report on Monday, December 29th. Finally, Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a research report on Monday, December 1st. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $491.86.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $397.33 on Friday. The business’s 50 day moving average price is $377.78 and its 200 day moving average price is $421.72. The company has a market cap of $66.18 billion, a price-to-earnings ratio of 31.89, a PEG ratio of 2.95 and a beta of 1.00. The company has a debt-to-equity ratio of 3.59, a quick ratio of 0.86 and a current ratio of 1.03. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.85 by $0.21. The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $2.99 billion. Motorola Solutions had a return on equity of 118.48% and a net margin of 18.71%.The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the company earned $3.74 EPS. On average, research analysts predict 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. Stockholders of record on Monday, December 15th were paid a $1.21 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Monday, December 15th. This represents a $4.84 annualized dividend and a dividend yield of 1.2%. Motorola Solutions’s dividend 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.