KBC Group NV Raises Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

KBC Group NV grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,108 shares of the communications equipment provider’s stock after buying an additional 1,905 shares during the period. KBC Group NV’s holdings in Motorola Solutions were worth $23,878,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Raymond James & Associates increased its stake in shares of Motorola Solutions by 3.7% in the second quarter. Raymond James & Associates now owns 2,319,631 shares of the communications equipment provider’s stock worth $895,494,000 after purchasing an additional 82,044 shares in the last quarter. Legal & General Group Plc increased its stake in Motorola Solutions by 7.7% in the 2nd quarter. Legal & General Group Plc now owns 1,530,660 shares of the communications equipment provider’s stock worth $590,911,000 after buying an additional 110,072 shares in the last quarter. Swedbank AB raised its holdings 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 acquiring an additional 699,615 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in shares of Motorola Solutions by 0.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 993,689 shares of the communications equipment provider’s stock valued at $383,614,000 after acquiring an additional 4,984 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Motorola Solutions by 59,189.5% in the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after acquiring an additional 965,972 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Down 1.0 %

Shares of NYSE MSI opened at $489.00 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 12-month low of $307.09 and a 12-month high of $507.82. The firm’s 50-day moving average price is $459.22 and its 200-day moving average price is $413.22. The stock has a market capitalization of $81.72 billion, a price-to-earnings ratio of 53.56, a P/E/G ratio of 4.15 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating 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 firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.26 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors 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. This represents a $4.36 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date is Friday, December 13th. Motorola Solutions’s dividend payout ratio is 42.94%.

Analyst Ratings Changes

MSI has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Evercore ISI boosted their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Bank of America boosted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Finally, Jefferies Financial Group raised their price objective on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Motorola Solutions presently has an average rating of “Buy” and a consensus target price 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.