UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $598.49 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 11.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,331,064 shares of the communications equipment provider’s stock after selling 176,478 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.80% of Motorola Solutions worth $598,486,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. MFA Wealth Advisors LLC bought a new position in shares of Motorola Solutions in the second quarter valued at approximately $25,000. Beacon Capital Management LLC grew its holdings in Motorola Solutions by 71.8% during 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 during the period. LRI Investments LLC grew its holdings 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 purchasing an additional 61 shares during the period. Triad Wealth Partners LLC bought a new position in Motorola Solutions during the second quarter valued at $29,000. Finally, E Fund Management Hong Kong Co. Ltd. bought a new position in Motorola Solutions during the third quarter valued at $31,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on MSI. JPMorgan Chase & Co. raised their price target on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Evercore ISI raised their price target on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Bank of America raised 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 raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $506.29.

Motorola Solutions Trading Up 0.8 %

NYSE MSI opened at $500.66 on Friday. The stock’s 50-day simple moving average is $470.38 and its two-hundred day simple moving average is $423.22. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The company has a market capitalization of $83.67 billion, a price-to-earnings ratio of 54.84, a PEG ratio of 3.97 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Research analysts forecast that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently declared 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. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a yield of 0.87%. Motorola Solutions’s dividend payout ratio (DPR) is presently 42.94%.

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.