Qsemble Capital Management LP Takes Position in Motorola Solutions, Inc. (NYSE:MSI)

Qsemble Capital Management LP acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 1,482 shares of the communications equipment provider’s stock, valued at approximately $666,000.

A number of other hedge funds have also modified their holdings of the company. MFA Wealth Advisors LLC bought a new position in shares of Motorola Solutions during the 2nd quarter worth approximately $25,000. Beacon Capital Management LLC grew its position in Motorola Solutions by 71.8% in the second 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 increased its stake in Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 61 shares during the last quarter. Triad Wealth Partners LLC bought a new stake in Motorola Solutions during the 2nd quarter worth about $29,000. Finally, E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the 3rd quarter valued at about $31,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Jefferies Financial Group boosted their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Raymond James boosted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Evercore ISI lifted their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $506.29.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $496.56 on Wednesday. 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 stock has a market capitalization of $82.99 billion, a PE ratio of 54.39, a PEG ratio of 3.88 and a beta of 0.97. The firm has a 50 day moving average of $467.86 and a 200-day moving average of $422.13.

Motorola Solutions (NYSE:MSI) last issued its quarterly 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. The company had revenue of $2.79 billion for 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, equities research analysts predict that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.88%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 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.