Settian Capital LP Makes New $899,000 Investment in Motorola Solutions, Inc. (NYSE:MSI)

Settian Capital LP purchased a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 2,000 shares of the communications equipment provider's stock, valued at approximately $899,000. Motorola Solutions accounts for 0.7% of Settian Capital LP's portfolio, making the stock its 27th largest holding.

A number of other institutional investors also recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD lifted its stake in Motorola Solutions by 27.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 435,843 shares of the communications equipment provider's stock valued at $154,716,000 after purchasing an additional 95,078 shares during the last quarter. Silvercrest Asset Management Group LLC lifted its stake in Motorola Solutions by 25.3% during the first quarter. Silvercrest Asset Management Group LLC now owns 24,736 shares of the communications equipment provider's stock valued at $8,781,000 after purchasing an additional 4,997 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Motorola Solutions by 1,477.3% during the first quarter. Janus Henderson Group PLC now owns 358,206 shares of the communications equipment provider's stock valued at $127,149,000 after purchasing an additional 335,496 shares during the last quarter. Ancora Advisors LLC lifted its stake in Motorola Solutions by 0.5% during the first quarter. Ancora Advisors LLC now owns 6,771 shares of the communications equipment provider's stock valued at $2,404,000 after purchasing an additional 31 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its stake in Motorola Solutions by 39.9% during the first quarter. B. Riley Wealth Advisors Inc. now owns 3,873 shares of the communications equipment provider's stock valued at $1,375,000 after purchasing an additional 1,105 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

NYSE:MSI traded up $8.19 during midday trading on Tuesday, reaching $496.56. The stock had a trading volume of 610,584 shares, compared to its average volume of 675,534. Motorola Solutions, Inc. has a 1-year low of $307.09 and a 1-year high of $507.82. The firm's fifty day simple moving average is $466.71 and its 200-day simple moving average is $421.19. 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 stock has a market capitalization of $82.99 billion, a P/E ratio of 54.20, a PEG ratio of 4.11 and a beta of 0.97.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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. On average, equities research analysts forecast that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 0.88%. This is a positive change from Motorola Solutions's previous quarterly dividend of $0.98. The ex-dividend date is Friday, December 13th. Motorola Solutions's dividend payout ratio (DPR) is currently 47.75%.

Analyst Upgrades and Downgrades

Several research firms recently commented on MSI. Raymond James increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an "outperform" rating in a research note on Friday, November 8th. Bank of America raised their price objective 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. Evercore ISI increased their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an "outperform" rating in a research report on Friday, August 30th. Jefferies Financial Group increased their target price 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. Finally, Barclays increased their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an "overweight" rating in a research report on Friday, November 8th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Motorola Solutions presently has an average rating of "Buy" and a consensus price target of $506.29.

Motorola Solutions 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.