Mediolanum International Funds Ltd Boosts Position in Motorola Solutions, Inc. (NYSE:MSI)

Mediolanum International Funds Ltd raised its stake in Motorola Solutions, Inc. (NYSE:MSI) by 359.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,059 shares of the communications equipment provider’s stock after buying an additional 28,998 shares during the period. Mediolanum International Funds Ltd’s holdings in Motorola Solutions were worth $17,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in MSI. International Assets Investment Management LLC boosted its holdings in shares of Motorola Solutions by 59,189.5% in 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 purchasing an additional 965,972 shares during the period. Mizuho Securities USA LLC raised its position in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after purchasing an additional 572,040 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Motorola Solutions by 477.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after buying an additional 257,727 shares during the period. State Street Corp grew its position in shares of Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after buying an additional 198,183 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after buying an additional 165,353 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Up 2.0 %

Motorola Solutions stock opened at $472.62 on Friday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock has a market cap of $78.98 billion, a PE ratio of 51.77, a price-to-earnings-growth ratio of 3.41 and a beta of 1.01. The stock has a 50-day moving average of $473.48 and a two-hundred day moving average of $452.48. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating 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 net margin of 14.65% and a return on equity of 251.96%. On average, research analysts anticipate that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $1.09 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. Motorola Solutions’s dividend payout ratio (DPR) is 47.75%.

Wall Street Analysts Forecast Growth

MSI has been the subject of a number of research reports. Raymond James upped their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Barclays boosted their price objective 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. Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Finally, Morgan Stanley boosted their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $504.88.

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.