Dakota Wealth Management Increases Position in Motorola Solutions, Inc. (NYSE:MSI)

Dakota Wealth Management boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,160 shares of the communications equipment provider’s stock after acquiring an additional 345 shares during the period. Dakota Wealth Management’s holdings in Motorola Solutions were worth $1,461,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MSI. XTX Topco Ltd grew its stake in Motorola Solutions by 5.8% during the 2nd quarter. XTX Topco Ltd now owns 838 shares of the communications equipment provider’s stock valued at $324,000 after acquiring an additional 46 shares in the last quarter. Public Sector Pension Investment Board grew its stake in shares of Motorola Solutions by 72.2% in the 2nd quarter. Public Sector Pension Investment Board now owns 6,392 shares of the communications equipment provider’s stock valued at $2,468,000 after buying an additional 2,680 shares during the period. Evergreen Capital Management LLC purchased a new stake in shares of Motorola Solutions in the 2nd quarter valued at approximately $229,000. Marshall Wace LLP purchased a new stake in shares of Motorola Solutions in the 2nd quarter valued at approximately $14,257,000. Finally, Squarepoint Ops LLC grew its stake in shares of Motorola Solutions by 172.0% in the 2nd quarter. Squarepoint Ops LLC now owns 12,242 shares of the communications equipment provider’s stock valued at $4,726,000 after buying an additional 7,741 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MSI. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays upped their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Morgan Stanley upped their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Bank of America increased their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Raymond James increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Trading Up 0.8 %

Shares of Motorola Solutions stock opened at $475.78 on Friday. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The company has a market capitalization of $79.51 billion, a P/E ratio of 52.11, a PEG ratio of 3.44 and a beta of 1.01. The company’s fifty day moving average is $475.49 and its two-hundred day moving average is $449.68.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. Motorola Solutions’s payout ratio is presently 47.75%.

About Motorola Solutions

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.