Berman McAleer LLC Takes $2.87 Million Position in Motorola Solutions, Inc. $MSI

Berman McAleer LLC acquired a new position in Motorola Solutions, Inc. (NYSE:MSI) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 6,254 shares of the communications equipment provider’s stock, valued at approximately $2,866,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MSI. Revolve Wealth Partners LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at about $208,000. Sivia Capital Partners LLC acquired a new position in Motorola Solutions in the 2nd quarter valued at approximately $210,000. Janney Montgomery Scott LLC lifted its position in Motorola Solutions by 6.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 37,146 shares of the communications equipment provider’s stock worth $15,619,000 after buying an additional 2,193 shares in the last quarter. USA Financial Formulas boosted its stake in shares of Motorola Solutions by 18.2% during the 2nd quarter. USA Financial Formulas now owns 526 shares of the communications equipment provider’s stock valued at $221,000 after buying an additional 81 shares during the period. Finally, Pure Financial Advisors LLC grew its holdings in shares of Motorola Solutions by 7.0% during the 2nd quarter. Pure Financial Advisors LLC now owns 1,117 shares of the communications equipment provider’s stock valued at $470,000 after acquiring an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on MSI. Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective for the company in a report on Monday, December 1st. Barclays cut their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Finally, Piper Sandler upgraded Motorola Solutions from a “neutral” rating to an “overweight” rating and dropped their price objective for the stock from $465.00 to $443.00 in a report on Monday, January 5th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $491.86.

Motorola Solutions Stock Performance

MSI opened at $402.58 on Friday. 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 company has a market cap of $67.05 billion, a PE ratio of 32.31, a price-to-earnings-growth ratio of 3.01 and a beta of 1.00. The stock has a 50-day moving average of $381.46 and a 200-day moving average of $421.09. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.85 by $0.21. The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates 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 in the previous year, the company earned $3.74 EPS. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Monday, December 15th were paid a $1.21 dividend. The ex-dividend date was Monday, December 15th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.2%. Motorola Solutions’s dividend payout ratio is presently 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.