Aigen Investment Management LP Buys New Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Aigen Investment Management LP acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,532 shares of the communications equipment provider's stock, valued at approximately $3,836,000. Motorola Solutions makes up about 0.8% of Aigen Investment Management LP's investment portfolio, making the stock its 14th biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fidelis Capital Partners LLC lifted its position in Motorola Solutions by 1.0% in the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider's stock valued at $1,038,000 after purchasing an additional 22 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of Motorola Solutions by 2.1% during the third quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider's stock valued at $578,000 after buying an additional 26 shares during the last quarter. Trust Co. of Vermont raised its stake in shares of Motorola Solutions by 9.8% in the third quarter. Trust Co. of Vermont now owns 302 shares of the communications equipment provider's stock worth $136,000 after buying an additional 27 shares during the period. Beacon Capital Management LLC raised its stake 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 valued at $26,000 after purchasing an additional 28 shares during the period. Finally, Range Financial Group LLC grew its holdings in Motorola Solutions by 2.0% during the 2nd quarter. Range Financial Group LLC now owns 1,424 shares of the communications equipment provider's stock valued at $550,000 after buying an additional 28 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Barclays lifted their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an "overweight" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $385.00 to $440.00 and gave the stock a "buy" rating in a research report on Tuesday, August 6th. JPMorgan Chase & Co. raised their price target on Motorola Solutions from $436.00 to $440.00 and gave the company an "overweight" rating in a research note on Friday, August 2nd. Jefferies Financial Group lifted their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a "buy" rating in a report on Tuesday, September 3rd. Finally, Bank of America lifted their price target 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. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions has a consensus rating of "Buy" and an average target price of $493.43.

Motorola Solutions Trading Up 0.1 %

Shares of Motorola Solutions stock traded up $0.49 during trading on Tuesday, hitting $497.45. 748,598 shares of the company were exchanged, compared to its average volume of 669,851. Motorola Solutions, Inc. has a 1-year low of $307.09 and a 1-year high of $507.82. The company has a debt-to-equity ratio of 7.03, a current ratio of 1.20 and a quick ratio of 1.03. The firm has a market capitalization of $83.00 billion, a P/E ratio of 54.10, a price-to-earnings-growth ratio of 4.24 and a beta of 0.97. The firm's fifty day moving average price is $455.77 and its 200 day moving average price is $411.01.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts' consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 310.04% and a net margin of 14.65%. As a group, sell-side analysts expect that Motorola Solutions, Inc. will post 12.26 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were paid a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 annualized dividend and a dividend yield of 0.79%. Motorola Solutions's payout ratio is 42.94%.

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.