Banque Cantonale Vaudoise Grows Stake in Motorola Solutions, Inc. (NYSE:MSI)

Banque Cantonale Vaudoise raised its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 452.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,992 shares of the communications equipment provider's stock after purchasing an additional 7,363 shares during the quarter. Banque Cantonale Vaudoise's holdings in Motorola Solutions were worth $4,043,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fifth Third Wealth Advisors LLC boosted its holdings in Motorola Solutions by 34.4% during the third quarter. Fifth Third Wealth Advisors LLC now owns 2,162 shares of the communications equipment provider's stock worth $972,000 after buying an additional 553 shares in the last quarter. BIP Wealth LLC boosted its stake in shares of Motorola Solutions by 25.1% during the 3rd quarter. BIP Wealth LLC now owns 738 shares of the communications equipment provider's stock worth $332,000 after acquiring an additional 148 shares in the last quarter. OneAscent Financial Services LLC acquired a new stake in shares of Motorola Solutions in the 3rd quarter worth approximately $275,000. Caprock Group LLC increased its stake in Motorola Solutions by 8.0% in the 3rd quarter. Caprock Group LLC now owns 5,900 shares of the communications equipment provider's stock valued at $2,659,000 after purchasing an additional 439 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new position in Motorola Solutions during the third quarter worth $33,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $385.00 to $440.00 and gave the company a "buy" rating in a research report on Tuesday, August 6th. JPMorgan Chase & Co. upped their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an "overweight" rating in a report on Friday, August 2nd. Jefferies Financial Group raised their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a "buy" rating in a research note on Tuesday, September 3rd. Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a research note on Friday, November 8th. Finally, Bank of America raised their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $493.43.

Motorola Solutions Trading Up 1.1 %

Motorola Solutions stock traded up $5.14 during trading on Wednesday, hitting $492.60. The company's stock had a trading volume of 481,969 shares, compared to its average volume of 667,816. The stock's fifty day moving average is $463.52 and its 200 day moving average is $417.84. Motorola Solutions, Inc. has a 1-year low of $307.09 and a 1-year high of $507.82. The stock has a market capitalization of $82.32 billion, a price-to-earnings ratio of 53.95, a P/E/G ratio of 4.02 and a beta of 0.97. 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, topping the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. As a group, equities research analysts predict that Motorola Solutions, Inc. will post 12.48 EPS for the current year.

Motorola Solutions Increases Dividend

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

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.