EULAV Asset Management Buys 4,000 Shares of Motorola Solutions, Inc. (NYSE:MSI)

EULAV Asset Management grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,100 shares of the communications equipment provider’s stock after purchasing an additional 4,000 shares during the quarter. Motorola Solutions makes up about 1.8% of EULAV Asset Management’s holdings, making the stock its 13th largest position. EULAV Asset Management owned approximately 0.10% of Motorola Solutions worth $76,776,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of MSI. Tradition Wealth Management LLC lifted its stake in Motorola Solutions by 3.3% during the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after acquiring an additional 21 shares in the last quarter. Fidelis Capital Partners LLC lifted its position in shares of Motorola Solutions by 1.0% during the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock valued at $1,038,000 after purchasing an additional 22 shares in the last quarter. Omnia Family Wealth LLC boosted its holdings in Motorola Solutions by 2.2% during the third quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock worth $527,000 after purchasing an additional 25 shares during the last quarter. Harbour Investments Inc. grew its position in Motorola Solutions by 2.1% in the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock worth $578,000 after purchasing an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd increased its stake in Motorola Solutions by 0.9% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after buying an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Down 0.6 %

Motorola Solutions stock opened at $479.40 on Friday. The firm has a 50 day simple moving average of $470.81 and a 200 day simple moving average of $455.45. 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 1-year low of $314.84 and a 1-year high of $507.82. The firm has a market capitalization of $80.12 billion, a price-to-earnings ratio of 52.51, a P/E/G ratio of 3.45 and a beta of 1.02.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share 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 analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is presently 47.75%.

Analyst Ratings Changes

MSI has been the topic of a number of recent analyst reports. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley raised their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Raymond James boosted 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. Finally, Barclays raised their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and an average target price of $504.88.

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.