BNP PARIBAS ASSET MANAGEMENT Holding S.A. lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 3.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 220,780 shares of the communications equipment provider's stock after selling 7,185 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.13% of Motorola Solutions worth $99,270,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in MSI. MFA Wealth Advisors LLC acquired a new position in shares of Motorola Solutions in the second quarter valued at approximately $25,000. Beacon Capital Management LLC grew its stake in Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider's stock worth $26,000 after acquiring an additional 28 shares during the period. LRI Investments LLC raised its holdings in Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider's stock valued at $26,000 after acquiring an additional 61 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Motorola Solutions during the 3rd quarter worth $31,000. Finally, Planning Capital Management Corp acquired a new position in Motorola Solutions in the third quarter valued at $32,000. Institutional investors and hedge funds own 84.17% of the company's stock.
Analyst Ratings Changes
MSI has been the subject of several recent analyst reports. JPMorgan Chase & Co. lifted their price target on Motorola Solutions from $436.00 to $440.00 and gave the company an "overweight" rating in a report on Friday, August 2nd. Evercore ISI lifted their target price on Motorola Solutions from $450.00 to $500.00 and gave the company an "outperform" rating in a report on Friday, August 30th. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Barclays raised their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an "overweight" rating in a report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a "buy" rating in a report on Tuesday, August 6th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, Motorola Solutions currently has an average rating of "Buy" and a consensus target price of $493.43.
View Our Latest Research Report on Motorola Solutions
Motorola Solutions Stock Performance
Motorola Solutions stock opened at $492.60 on Thursday. Motorola Solutions, Inc. has a 12-month low of $307.09 and a 12-month high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The company has a market capitalization of $82.32 billion, a price-to-earnings ratio of 53.95, a price-to-earnings-growth ratio of 4.00 and a beta of 0.97. The firm's fifty day moving average price is $463.52 and its 200 day moving average price is $417.84.
Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.10 by $0.36. The business 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 251.96% and a net margin of 14.65%. On average, research analysts forecast that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.
Motorola Solutions Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. This is a boost from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Friday, December 13th. Motorola Solutions's dividend payout ratio is 42.94%.
Motorola Solutions Profile
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Free Report)
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.
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