Mizuho Securities USA LLC Has $4.87 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Mizuho Securities USA LLC trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 15.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,819 shares of the communications equipment provider’s stock after selling 2,042 shares during the period. Mizuho Securities USA LLC’s holdings in Motorola Solutions were worth $4,865,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MSI. MFA Wealth Advisors LLC bought a new position in Motorola Solutions during the second quarter worth about $25,000. Beacon Capital Management LLC boosted its holdings in shares of Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares in the last quarter. LRI Investments LLC grew its position in 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 acquiring an additional 61 shares during the last quarter. Crewe Advisors LLC acquired a new position in Motorola Solutions during the 1st quarter worth approximately $28,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of Motorola Solutions during the second quarter worth $29,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. 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 note on Friday, August 30th. Jefferies Financial Group lifted their price target on Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Finally, Bank of America increased their target price 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 equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Buy” and an average price target of $493.43.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $494.82 on Friday. The stock has a market cap of $82.69 billion, a PE ratio of 54.20, a price-to-earnings-growth ratio of 4.00 and a beta of 0.97. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 12 month low of $307.09 and a 12 month high of $507.82. The company’s fifty day moving average price is $464.62 and its 200-day moving average price is $418.38.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The firm 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 expect that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a $1.09 dividend. The ex-dividend date is Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.88%. Motorola Solutions’s dividend payout ratio is 42.94%.

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.