Douglass Winthrop Advisors LLC Acquires New Shares in Motorola Solutions, Inc. (NYSE:MSI)

Douglass Winthrop Advisors LLC purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 464 shares of the communications equipment provider’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC grew its holdings in Motorola Solutions by 44.3% during the third quarter. Fisher Asset Management LLC now owns 2,150 shares of the communications equipment provider’s stock valued at $967,000 after purchasing an additional 660 shares during the period. Daiwa Securities Group Inc. raised its position in shares of Motorola Solutions by 20.4% during the third quarter. Daiwa Securities Group Inc. now owns 38,501 shares of the communications equipment provider’s stock valued at $17,311,000 after buying an additional 6,512 shares during the last quarter. Hartford Funds Management Co LLC lifted its stake in Motorola Solutions by 4.5% in the 3rd quarter. Hartford Funds Management Co LLC now owns 2,515 shares of the communications equipment provider’s stock worth $1,131,000 after purchasing an additional 108 shares in the last quarter. Summit Trail Advisors LLC boosted its stake in Motorola Solutions by 62.4% during the third quarter. Summit Trail Advisors LLC now owns 2,577 shares of the communications equipment provider’s stock valued at $1,161,000 after buying an additional 990 shares during the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of Motorola Solutions by 56.5% during the 3rd quarter. Larson Financial Group LLC now owns 956 shares of the communications equipment provider’s stock valued at $430,000 after acquiring an additional 345 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Trading Down 2.5 %

NYSE MSI opened at $488.48 on Tuesday. Motorola Solutions, Inc. has a 12 month low of $307.09 and a 12 month high of $507.82. The company’s 50-day moving average price is $466.71 and its 200-day moving average price is $421.19. The stock has a market cap of $81.64 billion, a PE ratio of 53.50, a PEG ratio of 4.11 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 (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Equities research analysts forecast that Motorola Solutions, Inc. will post 12.48 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.89%. Motorola Solutions’s payout ratio is 47.75%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on MSI shares. Bank of America upped 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. 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. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft boosted their target price on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Finally, Barclays raised their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $493.43.

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.