Motorola Solutions, Inc. (NYSE:MSI) Holdings Raised by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 59,189.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 967,604 shares of the communications equipment provider’s stock after purchasing an additional 965,972 shares during the quarter. International Assets Investment Management LLC owned approximately 0.58% of Motorola Solutions worth $435,064,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Axecap Investments LLC purchased a new position in shares of Motorola Solutions in the third quarter worth approximately $3,758,000. Greenleaf Trust grew its position in Motorola Solutions by 0.8% during the 3rd quarter. Greenleaf Trust now owns 5,436 shares of the communications equipment provider’s stock worth $2,444,000 after purchasing an additional 44 shares in the last quarter. Commerzbank Aktiengesellschaft FI grew its position in Motorola Solutions by 48.3% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 820 shares of the communications equipment provider’s stock worth $369,000 after purchasing an additional 267 shares in the last quarter. Meadow Creek Wealth Advisors LLC raised its stake in Motorola Solutions by 2.3% during the 3rd quarter. Meadow Creek Wealth Advisors LLC now owns 2,306 shares of the communications equipment provider’s stock valued at $1,037,000 after purchasing an additional 52 shares during the period. Finally, Accordant Advisory Group Inc lifted its holdings in shares of Motorola Solutions by 52.5% in the third quarter. Accordant Advisory Group Inc now owns 122 shares of the communications equipment provider’s stock valued at $55,000 after purchasing an additional 42 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Insiders Place Their Bets

In other news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total value of $9,773,887.50. Following the sale, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on MSI shares. Jefferies Financial Group upped their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Barclays upped their target price on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. JPMorgan Chase & Co. raised their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Finally, Evercore ISI lifted their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Buy” and a consensus price target of $479.50.

Motorola Solutions Price Performance

NYSE MSI opened at $465.38 on Friday. Motorola Solutions, Inc. has a fifty-two week low of $271.73 and a fifty-two week high of $480.28. The stock’s 50-day moving average is $446.40 and its two-hundred day moving average is $399.51. The firm has a market cap of $77.63 billion, a P/E ratio of 57.53, a price-to-earnings-growth ratio of 4.07 and a beta of 0.97. The company has a debt-to-equity ratio of 7.03, a current ratio of 1.20 and a quick ratio of 1.03.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.23. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The firm had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period in the previous year, the company earned $2.41 EPS. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, analysts anticipate that Motorola Solutions, Inc. will post 12.22 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 13th were issued a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 annualized dividend and a yield of 0.84%. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Motorola Solutions Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.