IAM Advisory LLC Has $2.79 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

IAM Advisory LLC reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,024 shares of the communications equipment provider’s stock after selling 22 shares during the quarter. Motorola Solutions accounts for about 0.7% of IAM Advisory LLC’s holdings, making the stock its 22nd biggest position. IAM Advisory LLC’s holdings in Motorola Solutions were worth $2,785,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSI. International Assets Investment Management LLC grew its holdings in Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after buying an additional 965,972 shares in the last quarter. Mizuho Securities USA LLC grew its stake in shares of Motorola Solutions by 4,447.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after acquiring an additional 572,040 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Motorola Solutions by 477.9% in the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock valued at $140,131,000 after purchasing an additional 257,727 shares during the last quarter. State Street Corp lifted its position in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Finally, Barclays PLC boosted its holdings in Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after purchasing an additional 165,353 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MSI has been the subject of several analyst reports. 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 note on Friday, November 8th. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley upped their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Raymond James increased their price target 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. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Stock Up 0.5 %

MSI stock opened at $465.23 on Friday. The stock has a fifty day moving average of $477.21 and a 200-day moving average of $447.53. Motorola Solutions, Inc. has a fifty-two week low of $314.84 and a fifty-two week high of $507.82. The company has a market capitalization of $77.75 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.35 and a beta of 1.01. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.

Motorola Solutions (NYSE:MSI) last issued its 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. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. As a group, equities research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s payout ratio is currently 47.75%.

Motorola Solutions Company 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.