Beaumont Financial Advisors LLC Invests $383,000 in Motorola Solutions, Inc. (NYSE:MSI)

Beaumont Financial Advisors LLC bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, HoldingsChannel reports. The fund bought 828 shares of the communications equipment provider’s stock, valued at approximately $383,000.

Several other hedge funds have also recently added to or reduced their stakes in MSI. State Street Corp raised its stake in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Geode Capital Management LLC increased its stake in Motorola Solutions by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after buying an additional 89,320 shares during the period. Legal & General Group Plc raised its position in shares of Motorola Solutions by 7.7% during the 2nd quarter. Legal & General Group Plc now owns 1,530,660 shares of the communications equipment provider’s stock worth $590,911,000 after buying an additional 110,072 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of Motorola Solutions by 59,189.5% in the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after acquiring an additional 965,972 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Motorola Solutions by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock worth $404,744,000 after acquiring an additional 8,651 shares during the period. Institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Barclays upped their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Raymond James upped their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Stock Up 0.9 %

Motorola Solutions stock opened at $471.90 on Thursday. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. 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 firm has a market cap of $78.86 billion, a PE ratio of 51.69, a P/E/G ratio of 3.42 and a beta of 1.01. The firm’s 50 day moving average price is $475.98 and its two-hundred day moving average price is $449.52.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate 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 predict that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

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

Motorola Solutions Company 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.