Omnia Family Wealth LLC Purchases 25 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Omnia Family Wealth LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,170 shares of the communications equipment provider’s stock after acquiring an additional 25 shares during the period. Omnia Family Wealth LLC’s holdings in Motorola Solutions were worth $527,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MSI. MFA Wealth Advisors LLC purchased a new position in Motorola Solutions in the 2nd quarter worth approximately $25,000. Beacon Capital Management LLC lifted its holdings in shares of 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 in the last quarter. LRI Investments LLC boosted its position in shares of 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 buying an additional 61 shares during the last quarter. Crewe Advisors LLC purchased a new position in Motorola Solutions in the 1st quarter worth about $28,000. Finally, Triad Wealth Partners LLC bought a new position in Motorola Solutions during the 2nd quarter valued at about $29,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Performance

Shares of NYSE:MSI traded down $1.66 during mid-day trading on Thursday, reaching $495.04. 79,391 shares of the company traded hands, compared to its average volume of 666,609. The company’s 50 day moving average price is $458.10 and its 200-day moving average price is $412.66. The firm has a market cap of $82.73 billion, a PE ratio of 54.40, a PEG ratio of 4.16 and a beta of 0.97. Motorola Solutions, Inc. has a 52 week low of $307.09 and a 52 week high of $507.82. 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 (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 during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, equities analysts expect that Motorola Solutions, Inc. will post 12.26 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were paid a $0.98 dividend. The ex-dividend date was Friday, September 13th. This represents a $3.92 dividend on an annualized basis and a yield of 0.79%. Motorola Solutions’s payout ratio is presently 42.94%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on MSI shares. Jefferies Financial Group boosted their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Evercore ISI raised their price target on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Bank of America boosted their price target on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Barclays increased their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $493.43.

About Motorola Solutions

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.