MQS Management LLC Makes New $472,000 Investment in Motorola Solutions, Inc. (NYSE:MSI)

MQS Management LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,050 shares of the communications equipment provider's stock, valued at approximately $472,000.

Other hedge funds also recently made changes to their positions in the company. MFA Wealth Advisors LLC purchased a new position in shares of Motorola Solutions in the second quarter valued at $25,000. Beacon Capital Management LLC grew its position in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider's stock valued at $26,000 after purchasing an additional 28 shares in the last quarter. LRI Investments LLC grew its position in shares of Motorola Solutions by 871.4% in the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider's stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Crewe Advisors LLC purchased a new position in shares of Motorola Solutions in the first quarter valued at $28,000. Finally, Triad Wealth Partners LLC bought a new stake in Motorola Solutions during the second quarter valued at $29,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on MSI. Jefferies Financial Group lifted their price objective on Motorola Solutions from $460.00 to $510.00 and gave the company a "buy" rating in a research note on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a "buy" rating in a research note on Tuesday, August 6th. Raymond James lifted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" 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 research note on Wednesday, October 23rd. Finally, Barclays lifted their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $493.43.

Motorola Solutions Trading Down 0.6 %

Shares of MSI traded down $3.00 during trading hours on Thursday, hitting $493.70. The company had a trading volume of 553,527 shares, compared to its average volume of 668,754. The firm has a market cap of $82.51 billion, a P/E ratio of 54.40, a P/E/G ratio of 4.16 and a beta of 0.97. The stock's 50 day moving average price is $458.10 and its 200 day moving average price is $412.66. 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 - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. On average, research analysts predict that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 0.88%. This is an increase from Motorola Solutions's previous quarterly dividend of $0.98. Motorola Solutions's payout ratio is currently 42.94%.

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.