Asset Management One Co. Ltd. Increases Stake in Motorola Solutions, Inc. (NYSE:MSI)

Asset Management One Co. Ltd. boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 14.6% during the third quarter, Holdings Channel.com reports. The firm owned 113,702 shares of the communications equipment provider’s stock after buying an additional 14,481 shares during the period. Asset Management One Co. Ltd.’s holdings in Motorola Solutions were worth $51,124,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of MSI. MFA Wealth Advisors LLC bought a new stake in shares of Motorola Solutions in the 2nd quarter worth approximately $25,000. Beacon Capital Management LLC raised its stake in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares during the last quarter. LRI Investments LLC increased its position in Motorola Solutions by 871.4% during 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 purchased a new stake in Motorola Solutions during the first quarter valued at $28,000. Finally, Triad Wealth Partners LLC purchased a new stake in Motorola Solutions during the second quarter valued at $29,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on MSI. JPMorgan Chase & Co. boosted their price target on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Bank of America increased their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Jefferies Financial Group upped their price objective on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Evercore ISI upped their price objective on Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions presently has an average rating of “Buy” and a consensus price target of $479.50.

Insiders Place Their Bets

In other Motorola Solutions news, COO John P. Molloy sold 23,985 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the sale, the chief operating officer now owns 46,821 shares of the company’s stock, valued at approximately $19,079,557.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Motorola Solutions Trading Up 0.6 %

Shares of NYSE MSI traded up $2.90 during midday trading on Monday, hitting $456.79. The company’s stock had a trading volume of 31,525 shares, compared to its average volume of 663,786. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 7.03. The business’s 50 day moving average is $450.93 and its two-hundred day moving average is $405.39. Motorola Solutions, Inc. has a 12-month low of $298.63 and a 12-month high of $480.28. The firm has a market cap of $76.21 billion, a P/E ratio of 53.56, a price-to-earnings-growth ratio of 3.78 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, topping the consensus estimate of $3.01 by $0.23. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The firm had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same period in the prior year, the business posted $2.41 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were issued a dividend of $0.98 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 annualized dividend and a yield of 0.86%. Motorola Solutions’s payout ratio is currently 45.90%.

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.