Caprock Group LLC Has $2.66 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Caprock Group LLC raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 8.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,900 shares of the communications equipment provider’s stock after purchasing an additional 439 shares during the quarter. Caprock Group LLC’s holdings in Motorola Solutions were worth $2,659,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions during the 2nd quarter valued at about $25,000. Beacon Capital Management LLC boosted its position in shares of Motorola Solutions by 71.8% during the second 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 last quarter. LRI Investments LLC grew its holdings in Motorola Solutions by 871.4% during the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Crewe Advisors LLC purchased a new stake in Motorola Solutions in the 1st quarter valued at $28,000. Finally, Triad Wealth Partners LLC bought a new position in Motorola Solutions during the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. 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 note on Tuesday, August 6th. Barclays increased their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Evercore ISI boosted their target price on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. JPMorgan Chase & Co. raised their target price on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Finally, Bank of America increased their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $493.43.

Motorola Solutions Trading Down 0.6 %

Shares of MSI opened at $487.46 on Wednesday. The business’s 50-day moving average price is $462.39 and its 200-day moving average price is $417.32. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. The stock has a market cap of $81.46 billion, a PE ratio of 53.39, a P/E/G ratio of 4.02 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 251.96% and a net margin of 14.65%. On average, equities analysts forecast that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be paid a $1.09 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis 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 currently 42.94%.

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.