Los Angeles Capital Management LLC Purchases 32,157 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Los Angeles Capital Management LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI) by 8.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 409,421 shares of the communications equipment provider’s stock after purchasing an additional 32,157 shares during the quarter. Motorola Solutions comprises about 0.7% of Los Angeles Capital Management LLC’s portfolio, making the stock its 27th biggest holding. Los Angeles Capital Management LLC owned approximately 0.25% of Motorola Solutions worth $184,088,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. MFA Wealth Advisors LLC bought a new stake in Motorola Solutions in the 2nd quarter valued at $25,000. Beacon Capital Management LLC boosted its stake in Motorola Solutions by 71.8% in the 2nd 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 during the period. LRI Investments LLC lifted its position in shares of Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 61 shares during the period. Crewe Advisors LLC bought a new stake in shares of Motorola Solutions during the 1st quarter valued at $28,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of Motorola Solutions during the 2nd quarter valued at $29,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. JPMorgan Chase & Co. upped their target price on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Bank of America upped their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Raymond James upped their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Motorola Solutions has an average rating of “Buy” and an average price target of $493.43.

Motorola Solutions Price Performance

MSI traded up $34.65 on Friday, reaching $504.60. The stock had a trading volume of 1,185,681 shares, compared to its average volume of 636,371. Motorola Solutions, Inc. has a fifty-two week low of $305.73 and a fifty-two week high of $506.72. The firm has a 50-day moving average of $454.67 and a 200-day moving average of $409.51. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 7.03. The company has a market capitalization of $84.19 billion, a price-to-earnings ratio of 59.09, a price-to-earnings-growth ratio of 3.95 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. 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 anticipate that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were paid a $0.98 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $3.92 annualized dividend and a dividend yield of 0.78%. Motorola Solutions’s payout ratio is 45.90%.

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.