Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 9.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,168 shares of the communications equipment provider’s stock after buying an additional 105 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Motorola Solutions were worth $525,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. First Foundation Advisors increased its holdings in Motorola Solutions by 37.7% in the 1st quarter. First Foundation Advisors now owns 354 shares of the communications equipment provider’s stock valued at $126,000 after purchasing an additional 97 shares in the last quarter. TIAA Trust National Association raised its holdings in shares of Motorola Solutions by 1.3% during the 1st quarter. TIAA Trust National Association now owns 3,774 shares of the communications equipment provider’s stock valued at $1,340,000 after buying an additional 50 shares during the period. Edgestream Partners L.P. lifted its position in Motorola Solutions by 90.6% during the 1st quarter. Edgestream Partners L.P. now owns 7,546 shares of the communications equipment provider’s stock worth $2,679,000 after acquiring an additional 3,586 shares in the last quarter. Catalytic Wealth RIA LLC boosted its holdings in Motorola Solutions by 40.2% in the 1st quarter. Catalytic Wealth RIA LLC now owns 1,713 shares of the communications equipment provider’s stock worth $608,000 after acquiring an additional 491 shares during the period. Finally, Hillsdale Investment Management Inc. acquired a new stake in Motorola Solutions in the first quarter valued at approximately $639,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Trading Down 1.0 %

NYSE:MSI opened at $489.00 on Friday. The company has a market cap of $81.72 billion, a PE ratio of 53.56, a P/E/G ratio of 4.15 and a beta of 0.97. The business’s 50 day moving average is $459.22 and its two-hundred day moving average is $413.22. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 52 week low of $307.09 and a 52 week high of $507.82.

Motorola Solutions (NYSE:MSI) last announced 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. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, analysts predict that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Increases Dividend

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

Wall Street Analyst Weigh In

MSI has been the topic of a number of recent research reports. Bank of America boosted their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Evercore ISI upped 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. Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their price target on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Finally, Jefferies Financial Group lifted their price objective on Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $493.43.

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.