Atria Investments Inc Has $5.42 Million Stake in Motorola Solutions, Inc. (NYSE:MSI)

Atria Investments Inc reduced its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 15.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,044 shares of the communications equipment provider's stock after selling 2,239 shares during the quarter. Atria Investments Inc's holdings in Motorola Solutions were worth $5,416,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. MFA Wealth Advisors LLC bought a new position in shares of Motorola Solutions in the 2nd quarter worth $25,000. Beacon Capital Management LLC boosted its holdings in Motorola Solutions by 71.8% during the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider's stock worth $26,000 after buying an additional 28 shares in the last quarter. LRI Investments LLC grew its position in shares of Motorola Solutions by 871.4% in the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider's stock valued at $26,000 after purchasing an additional 61 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Motorola Solutions in the third quarter valued at approximately $31,000. Finally, Triad Wealth Partners LLC bought a new stake in Motorola Solutions in the second quarter valued at $29,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded up $0.49 during trading on Tuesday, hitting $497.45. 748,598 shares of the company were exchanged, compared to its average volume of 669,851. 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 stock has a 50 day moving average of $455.77 and a 200 day moving average of $411.01. The company has a market cap of $83.00 billion, a PE ratio of 54.10, a P/E/G ratio of 4.24 and a beta of 0.97. Motorola Solutions, Inc. has a 52-week low of $307.09 and a 52-week high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.10 by $0.36. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 310.04%. As a group, equities research analysts predict that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were issued a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.79%. Motorola Solutions's dividend payout ratio is presently 42.94%.

Analysts Set New Price Targets

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