KBC Group NV Boosts Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

KBC Group NV boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 3.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,108 shares of the communications equipment provider's stock after buying an additional 1,905 shares during the period. KBC Group NV's holdings in Motorola Solutions were worth $23,878,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of MSI. MFA Wealth Advisors LLC bought a new stake in Motorola Solutions during the second quarter valued at $25,000. Beacon Capital Management LLC lifted its position in shares of 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 acquiring an additional 28 shares during the period. LRI Investments LLC grew its stake in shares of 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 buying an additional 61 shares during the period. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $31,000. Finally, Triad Wealth Partners LLC acquired a new position in Motorola Solutions during the second quarter worth $29,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have commented on MSI shares. Jefferies Financial Group lifted their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a "buy" rating in a research report on Tuesday, September 3rd. Barclays boosted their price target 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. 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 note on Friday, August 30th. Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. boosted 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. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $493.43.

Motorola Solutions Trading Down 1.0 %

MSI stock traded down $4.70 during midday trading on Friday, reaching $489.00. The company's stock had a trading volume of 726,244 shares, compared to its average volume of 669,014. Motorola Solutions, Inc. has a 1 year low of $307.09 and a 1 year high of $507.82. The firm has a market capitalization of $81.72 billion, a price-to-earnings ratio of 53.56, a PEG ratio of 4.15 and a beta of 0.97. The stock has a fifty day simple moving average of $460.37 and a two-hundred day simple moving average of $414.21. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.10 by $0.36. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, equities research analysts predict that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be issued a dividend of $1.09 per share. This is an increase from Motorola Solutions's previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions's dividend payout ratio (DPR) is presently 47.75%.

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.