Claro Advisors LLC Makes New Investment in Motorola Solutions, Inc. (NYSE:MSI)

Claro Advisors LLC purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 455 shares of the communications equipment provider’s stock, valued at approximately $205,000.

Other hedge funds have also made changes to their positions in the company. Atlanta Consulting Group Advisors LLC raised its stake in Motorola Solutions by 3.9% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 2,159 shares of the communications equipment provider’s stock valued at $971,000 after purchasing an additional 81 shares during the period. Schear Investment Advisers LLC grew its holdings in shares of Motorola Solutions by 5.6% during the third quarter. Schear Investment Advisers LLC now owns 4,008 shares of the communications equipment provider’s stock valued at $1,802,000 after buying an additional 211 shares in the last quarter. Maxwell Wealth Strategies Inc. raised its position in Motorola Solutions by 18.6% during the third quarter. Maxwell Wealth Strategies Inc. now owns 10,285 shares of the communications equipment provider’s stock valued at $4,753,000 after buying an additional 1,614 shares during the period. Natixis Advisors LLC lifted its stake in Motorola Solutions by 10.7% in the 3rd quarter. Natixis Advisors LLC now owns 110,760 shares of the communications equipment provider’s stock worth $49,801,000 after acquiring an additional 10,662 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its position in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after acquiring an additional 572,040 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.6 %

Shares of NYSE:MSI opened at $487.46 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. The stock has a market capitalization of $81.46 billion, a PE ratio of 53.39, a P/E/G ratio of 4.02 and a beta of 0.97. Motorola Solutions, Inc. has a 1 year low of $307.09 and a 1 year high of $507.82. The firm has a fifty day moving average price of $462.39 and a 200 day moving average price of $417.32.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $2.76 billion. Analysts expect 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. Stockholders of record on Friday, December 13th will be given a $1.09 dividend. This is a positive change 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 dividend yield of 0.89%. Motorola Solutions’s dividend payout ratio (DPR) is currently 42.94%.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of research reports. Jefferies Financial Group upped their target price on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Raymond James lifted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Evercore ISI upped their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, Motorola Solutions has a consensus 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.