Motorola Solutions, Inc. (NYSE:MSI) Position Boosted by Maxwell Wealth Strategies Inc.

Maxwell Wealth Strategies Inc. grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 18.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,285 shares of the communications equipment provider’s stock after buying an additional 1,614 shares during the quarter. Motorola Solutions comprises 2.0% of Maxwell Wealth Strategies Inc.’s holdings, making the stock its 12th biggest position. Maxwell Wealth Strategies Inc.’s holdings in Motorola Solutions were worth $4,753,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MFA Wealth Advisors LLC purchased a new stake in shares of Motorola Solutions during the second quarter valued at $25,000. Beacon Capital Management LLC grew its holdings in shares of Motorola Solutions by 71.8% during the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 28 shares in the last quarter. LRI Investments LLC increased its position in Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions in the third quarter worth approximately $31,000. Finally, Planning Capital Management Corp bought a new position in shares of Motorola Solutions during the 3rd quarter valued at $32,000. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $489.00 on Friday. The firm has a fifty day moving average price of $460.37 and a two-hundred day moving average price of $414.21. The company has a market cap of $81.72 billion, a PE ratio of 53.56, a price-to-earnings-growth ratio of 4.15 and a beta of 0.97. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a fifty-two week low of $307.09 and a fifty-two week high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS 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 during the quarter, compared to analyst estimates of $2.76 billion. Analysts expect that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is 42.94%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Barclays boosted 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. Evercore ISI upped their target price on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Jefferies Financial Group lifted their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus 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.