Sheaff Brock Investment Advisors LLC Acquires 92 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Sheaff Brock Investment Advisors LLC increased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 5.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,853 shares of the communications equipment provider’s stock after purchasing an additional 92 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Motorola Solutions were worth $833,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in MSI. Raymond James & Associates lifted its stake in shares of Motorola Solutions by 3.7% in the 2nd quarter. Raymond James & Associates now owns 2,319,631 shares of the communications equipment provider’s stock valued at $895,494,000 after acquiring an additional 82,044 shares during the last quarter. Legal & General Group Plc raised its position in Motorola Solutions by 7.7% during the 2nd quarter. Legal & General Group Plc now owns 1,530,660 shares of the communications equipment provider’s stock valued at $590,911,000 after purchasing an additional 110,072 shares during the last quarter. Swedbank AB lifted its holdings in Motorola Solutions by 215.7% in the 2nd quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock worth $395,298,000 after buying an additional 699,615 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of Motorola Solutions by 0.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 993,689 shares of the communications equipment provider’s stock worth $383,614,000 after buying an additional 4,984 shares during the last quarter. Finally, International Assets Investment Management LLC increased its stake in shares of Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after buying an additional 965,972 shares during the period. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Trading Down 1.0 %

NYSE:MSI opened at $489.00 on Friday. Motorola Solutions, Inc. has a one year low of $307.09 and a one year high of $507.82. The business has a fifty day moving average price of $460.37 and a 200-day moving average price of $414.21. The firm has a market capitalization of $81.72 billion, a price-to-earnings ratio of 53.56, a price-to-earnings-growth ratio of 4.15 and a beta of 0.97. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Sell-side analysts forecast that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.89%. This is an increase 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 presently 42.94%.

Analyst Upgrades and Downgrades

MSI has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Jefferies Financial Group lifted their price target on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Bank of America upped their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Finally, Evercore ISI upped 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. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $493.43.

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.