Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 15.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 25,118 shares of the communications equipment provider’s stock after buying an additional 3,430 shares during the quarter. Pacer Advisors Inc.’s holdings in Motorola Solutions were worth $11,294,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MFA Wealth Advisors LLC acquired a new stake in Motorola Solutions during the 2nd quarter worth approximately $25,000. Beacon Capital Management LLC grew its position 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 buying an additional 28 shares during the last quarter. LRI Investments LLC increased its stake in Motorola Solutions by 871.4% in the 2nd 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 period. Triad Wealth Partners LLC purchased a new position in Motorola Solutions during the 2nd quarter worth $29,000. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions in the 3rd quarter worth $31,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $500.90 on Friday. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The stock has a market cap of $83.71 billion, a PE ratio of 54.86, a P/E/G ratio of 4.06 and a beta of 0.97. Motorola Solutions, Inc. has a 1 year low of $307.09 and a 1 year high of $507.82. The stock has a fifty day moving average price of $465.80 and a 200 day moving average price of $419.86.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Sell-side analysts forecast that Motorola Solutions, Inc. will post 12.48 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.87%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 42.94%.

Analyst Ratings Changes

Several research firms recently issued reports on MSI. Barclays increased their price target 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. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Evercore ISI upped their price objective on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. JPMorgan Chase & Co. increased 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. Finally, Deutsche Bank Aktiengesellschaft boosted 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. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock 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.