B. Metzler seel. Sohn & Co. Holding AG Takes Position in Motorola Solutions, Inc. (NYSE:MSI)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 13,420 shares of the communications equipment provider's stock, valued at approximately $6,034,000.

Several other hedge funds have also recently made changes to their positions in MSI. Lake Street Advisors Group LLC raised its holdings in shares of Motorola Solutions by 61.1% during the first quarter. Lake Street Advisors Group LLC now owns 1,448 shares of the communications equipment provider's stock valued at $515,000 after purchasing an additional 549 shares during the last quarter. Crewe Advisors LLC purchased a new stake in Motorola Solutions during the first quarter valued at approximately $28,000. Fayez Sarofim & Co increased its holdings in Motorola Solutions by 8.3% during the first quarter. Fayez Sarofim & Co now owns 1,251 shares of the communications equipment provider's stock valued at $444,000 after buying an additional 96 shares during the last quarter. Vident Advisory LLC increased its holdings in Motorola Solutions by 98.8% during the first quarter. Vident Advisory LLC now owns 11,591 shares of the communications equipment provider's stock valued at $4,115,000 after buying an additional 5,761 shares during the last quarter. Finally, EP Wealth Advisors LLC increased its holdings in Motorola Solutions by 57.7% during the first quarter. EP Wealth Advisors LLC now owns 2,186 shares of the communications equipment provider's stock valued at $776,000 after buying an additional 800 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Trading Up 1.1 %

Shares of MSI stock traded up $5.14 on Wednesday, hitting $492.60. 481,969 shares of the stock traded hands, compared to its average volume of 667,816. The firm's 50-day moving average price is $463.52 and its two-hundred day moving average price is $417.84. 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 stock has a market capitalization of $82.32 billion, a PE ratio of 53.95, a PEG ratio of 4.02 and a beta of 0.97. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results 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. 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 analysts' expectations of $2.76 billion. As a group, analysts anticipate that Motorola Solutions, Inc. will post 12.48 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. Shareholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, December 13th. This is a positive change from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.89%. Motorola Solutions's dividend payout ratio is 47.75%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on MSI shares. Bank of America upped their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd. Jefferies Financial Group upped 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. Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Barclays increased their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research note on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a "buy" rating in a research note on Tuesday, August 6th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, Motorola Solutions presently has an average rating of "Buy" and an average price target of $493.43.

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.