Schear Investment Advisers LLC Grows Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Schear Investment Advisers LLC raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 5.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,008 shares of the communications equipment provider’s stock after purchasing an additional 211 shares during the period. Motorola Solutions comprises about 1.1% of Schear Investment Advisers LLC’s investment portfolio, making the stock its 28th largest position. Schear Investment Advisers LLC’s holdings in Motorola Solutions were worth $1,802,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fidelis Capital Partners LLC increased its position in Motorola Solutions by 1.0% during the 3rd quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after purchasing an additional 22 shares in the last quarter. Omnia Family Wealth LLC increased its position in Motorola Solutions by 2.2% during the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after purchasing an additional 25 shares in the last quarter. Harbour Investments Inc. increased its position in Motorola Solutions by 2.1% during the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after purchasing an additional 26 shares in the last quarter. Trust Co. of Vermont increased its position in Motorola Solutions by 9.8% during the 3rd quarter. Trust Co. of Vermont now owns 302 shares of the communications equipment provider’s stock worth $136,000 after purchasing an additional 27 shares in the last quarter. Finally, Beacon Capital Management LLC increased its position in Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares in the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MSI has been the subject of a number of research analyst reports. Jefferies Financial Group increased their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. increased their price objective on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Evercore ISI increased their price objective on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Barclays increased their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Finally, Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $493.43.

Motorola Solutions Stock Down 1.0 %

MSI stock opened at $489.00 on Friday. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The company has a market capitalization of $81.72 billion, a P/E ratio of 53.56, a PEG ratio of 4.09 and a beta of 0.97. The firm has a 50 day simple moving average of $460.37 and a 200-day simple moving average of $414.73.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. On average, equities research analysts predict that Motorola Solutions, Inc. will post 12.48 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.89%. Motorola Solutions’s dividend payout ratio (DPR) is 42.94%.

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.