Motorola Solutions, Inc. (NYSE:MSI) Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC raised its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 8.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 409,421 shares of the communications equipment provider's stock after buying an additional 32,157 shares during the period. Motorola Solutions comprises about 0.7% of Los Angeles Capital Management LLC's portfolio, making the stock its 27th largest holding. Los Angeles Capital Management LLC owned approximately 0.25% of Motorola Solutions worth $184,088,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MSI. MFA Wealth Advisors LLC purchased a new stake in shares of Motorola Solutions during the 2nd quarter valued at approximately $25,000. Beacon Capital Management LLC raised 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 buying an additional 28 shares during the period. LRI Investments LLC raised its position in shares of Motorola Solutions by 871.4% during 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. Crewe Advisors LLC purchased a new stake in shares of Motorola Solutions during the 1st quarter valued at approximately $28,000. Finally, Triad Wealth Partners LLC purchased a new stake in shares of Motorola Solutions during the 2nd quarter valued at approximately $29,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on MSI shares. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a "buy" rating in a research report on Tuesday, August 6th. Raymond James boosted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a report on Friday. Bank of America increased their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. Barclays upped their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research note on Friday. Finally, Jefferies Financial Group raised their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a "buy" rating in a research report on Tuesday, September 3rd. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $493.43.

Motorola Solutions Stock Up 7.4 %

Shares of Motorola Solutions stock traded up $34.65 during trading on Friday, hitting $504.60. 1,185,681 shares of the stock were exchanged, compared to its average volume of 641,078. 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's 50-day moving average price is $454.67 and its 200 day moving average price is $409.51. The stock has a market cap of $84.19 billion, a price-to-earnings ratio of 55.27, a price-to-earnings-growth ratio of 4.24 and a beta of 0.97. Motorola Solutions, Inc. has a 12-month low of $305.73 and a 12-month high of $506.72.

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, topping analysts' consensus estimates of $3.10 by $0.36. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 310.04% and a net margin of 14.65%. As a group, analysts forecast that Motorola Solutions, Inc. will post 12.26 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend was Friday, September 13th. Motorola Solutions's dividend payout ratio (DPR) 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.