74 Shares in Motorola Solutions, Inc. (NYSE:MSI) Bought by MidAtlantic Capital Management Inc.

MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 74 shares of the communications equipment provider’s stock, valued at approximately $33,000.

Several other large investors have also recently made changes to their positions in the business. International Assets Investment Management LLC grew its position in Motorola Solutions by 59,189.5% during 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 buying an additional 965,972 shares during the period. Swedbank AB grew its position in shares of Motorola Solutions by 215.7% during the 2nd 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. Wulff Hansen & CO. increased its stake in shares of Motorola Solutions by 38,505.0% during the 2nd quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock worth $268,858,000 after purchasing an additional 694,630 shares during the last quarter. Mizuho Securities USA LLC raised its holdings in shares of Motorola Solutions by 4,447.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after purchasing an additional 572,040 shares during the period. Finally, National Bank of Canada FI lifted its stake in Motorola Solutions by 428.2% in the second quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock valued at $193,798,000 after purchasing an additional 406,638 shares during the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $490.35 on Tuesday. The company has a 50 day moving average of $461.40 and a 200 day moving average of $416.37. 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 cap of $81.95 billion, a P/E ratio of 53.71, a P/E/G ratio of 4.02 and a beta of 0.97. Motorola Solutions, Inc. has a 12 month low of $307.09 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The firm 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%. As a group, sell-side analysts forecast that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be paid 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 currently 42.94%.

Analysts Set New Price Targets

A number of analysts have issued reports on MSI shares. Raymond James raised their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Jefferies Financial Group increased their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Finally, Barclays raised their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target 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.