Swiss National Bank Buys 1,800 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Swiss National Bank boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 0.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 495,043 shares of the communications equipment provider’s stock after buying an additional 1,800 shares during the quarter. Swiss National Bank owned approximately 0.30% of Motorola Solutions worth $222,586,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of MSI. MFA Wealth Advisors LLC purchased a new stake in shares of Motorola Solutions in the second quarter valued at about $25,000. Beacon Capital Management LLC lifted its position 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 worth $26,000 after buying an additional 28 shares in the last quarter. LRI Investments LLC boosted its stake in shares of 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 buying an additional 61 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Motorola Solutions in the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions during the third quarter valued at approximately $32,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Down 1.0 %

Shares of NYSE MSI opened at $489.00 on Monday. Motorola Solutions, Inc. has a 1 year low of $307.09 and a 1 year high of $507.82. The firm has a 50-day moving average of $460.37 and a 200 day moving average of $415.28. The stock has a market cap of $81.72 billion, a P/E ratio of 53.56, a price-to-earnings-growth ratio of 4.09 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 (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (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 analysts’ expectations of $2.76 billion. As a group, sell-side analysts expect that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be issued a $1.09 dividend. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.89%. Motorola Solutions’s payout ratio is 42.94%.

Analyst Ratings Changes

Several research analysts have weighed in on MSI shares. JPMorgan Chase & Co. boosted their price objective on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Jefferies Financial Group increased 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. Evercore ISI increased their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Bank of America lifted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price 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.