SG Americas Securities LLC Acquires 4,489 Shares of Motorola Solutions, Inc. $MSI

SG Americas Securities LLC raised its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 94.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,233 shares of the communications equipment provider’s stock after buying an additional 4,489 shares during the period. SG Americas Securities LLC’s holdings in Motorola Solutions were worth $4,222,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Signature Resources Capital Management LLC acquired a new stake in shares of Motorola Solutions in the second quarter valued at about $25,000. Whipplewood Advisors LLC grew its stake in Motorola Solutions by 289.5% in the second quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock valued at $31,000 after purchasing an additional 55 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Motorola Solutions during the 3rd quarter worth approximately $33,000. Rossby Financial LCC raised its stake in shares of Motorola Solutions by 148.6% during the 2nd quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock worth $37,000 after purchasing an additional 52 shares in the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter worth approximately $38,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MSI shares. Northcoast Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a report on Monday, December 1st. Weiss Ratings reissued a “hold (c+)” rating on shares of Motorola Solutions in a research report on Monday, December 29th. Piper Sandler raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and dropped their target price for the company from $465.00 to $443.00 in a report on Monday, January 5th. Finally, Barclays reduced their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $491.86.

Motorola Solutions Stock Performance

NYSE MSI opened at $383.31 on Monday. The firm has a 50-day moving average of $377.28 and a 200-day moving average of $423.46. The company has a debt-to-equity ratio of 3.59, a quick ratio of 0.86 and a current ratio of 1.03. The stock has a market cap of $63.84 billion, a PE ratio of 30.76, a P/E/G ratio of 2.86 and a beta of 1.00. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.85 by $0.21. The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.99 billion. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. Motorola Solutions’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.74 EPS. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be given a $1.21 dividend. The ex-dividend date of this dividend is Monday, December 15th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. This represents a $4.84 annualized dividend and a dividend yield of 1.3%. Motorola Solutions’s dividend payout ratio (DPR) is currently 38.84%.

About Motorola Solutions

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.