Sheaff Brock Investment Advisors LLC Buys 92 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Sheaff Brock Investment Advisors LLC boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 5.2% during the 3rd quarter, Holdings Channel reports. The firm owned 1,853 shares of the communications equipment provider’s stock after buying an additional 92 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Motorola Solutions were worth $833,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MSI. International Assets Investment Management LLC increased its stake in 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 last quarter. Swedbank AB raised its position in Motorola Solutions by 215.7% during the second quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock valued at $395,298,000 after purchasing an additional 699,615 shares during the period. Wulff Hansen & CO. lifted its stake in shares of Motorola Solutions by 38,505.0% in the 2nd quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock valued at $268,858,000 after purchasing an additional 694,630 shares during the last quarter. National Bank of Canada FI boosted its holdings in shares of Motorola Solutions by 428.2% in the 2nd quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock worth $193,798,000 after purchasing an additional 406,638 shares during the period. Finally, Janus Henderson Group PLC increased its position in shares of Motorola Solutions by 1,477.3% during the 1st quarter. Janus Henderson Group PLC now owns 358,206 shares of the communications equipment provider’s stock valued at $127,149,000 after purchasing an additional 335,496 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of MSI opened at $489.00 on Friday. The company has a 50 day moving average of $460.37 and a two-hundred day moving average of $414.21. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a twelve month low of $307.09 and a twelve month high of $507.82. The company has a market cap of $81.72 billion, a price-to-earnings ratio of 53.56, a price-to-earnings-growth ratio of 4.15 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 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 company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. As a group, analysts predict that Motorola Solutions, Inc. will post 12.26 earnings per share 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. 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 0.89%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 42.94%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft upped their price target 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. Barclays boosted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Bank of America raised their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Evercore ISI upped their target price on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Finally, Raymond James lifted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Motorola Solutions has a consensus rating of “Buy” and a consensus price target of $493.43.

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.