Wealthfront Advisers LLC Raises Position in Motorola Solutions, Inc. $MSI

Wealthfront Advisers LLC increased its holdings in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 28.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,802 shares of the communications equipment provider’s stock after purchasing an additional 3,459 shares during the period. Wealthfront Advisers LLC’s holdings in Motorola Solutions were worth $7,226,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Johnson Investment Counsel Inc. increased its stake in shares of Motorola Solutions by 4.9% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 46,762 shares of the communications equipment provider’s stock valued at $21,384,000 after acquiring an additional 2,184 shares during the last quarter. Prospera Financial Services Inc grew its holdings in Motorola Solutions by 36.1% in the third quarter. Prospera Financial Services Inc now owns 938 shares of the communications equipment provider’s stock valued at $430,000 after purchasing an additional 249 shares during the period. ProShare Advisors LLC grew its holdings in Motorola Solutions by 3.5% in the third quarter. ProShare Advisors LLC now owns 54,667 shares of the communications equipment provider’s stock valued at $24,999,000 after purchasing an additional 1,846 shares during the period. Linden Thomas Advisory Services LLC increased its position in Motorola Solutions by 1.8% during the third quarter. Linden Thomas Advisory Services LLC now owns 4,190 shares of the communications equipment provider’s stock worth $1,916,000 after purchasing an additional 74 shares during the last quarter. Finally, Lantz Financial LLC raised its stake in Motorola Solutions by 20.6% during the third quarter. Lantz Financial LLC now owns 1,224 shares of the communications equipment provider’s stock worth $560,000 after purchasing an additional 209 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Piper Sandler upgraded Motorola Solutions from a “neutral” rating to an “overweight” rating and reduced their target price for the company from $465.00 to $443.00 in a report on Monday, January 5th. Barclays dropped their target price on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a research report on Monday, December 1st. Finally, Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, January 27th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $491.86.

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Motorola Solutions Price Performance

Shares of MSI stock opened at $421.50 on Thursday. The firm has a fifty day simple moving average of $388.63 and a 200-day simple moving average of $420.88. The company has a market capitalization of $70.20 billion, a PE ratio of 33.83, a price-to-earnings-growth ratio of 3.14 and a beta of 1.00. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 3.59.

Motorola Solutions (NYSE:MSIGet Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, topping analysts’ consensus estimates of $4.35 by $0.24. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The firm’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.04 EPS. Equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed 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. The ex-dividend date was Monday, December 15th. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. Motorola Solutions’s payout ratio is 38.84%.

Motorola Solutions Company Profile

(Free Report)

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

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