J.W. Cole Advisors Inc. Raises Holdings in Motorola Solutions, Inc. $MSI

J.W. Cole Advisors Inc. increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 45.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,656 shares of the communications equipment provider’s stock after acquiring an additional 1,773 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Motorola Solutions were worth $2,587,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Orion Capital Management LLC bought a new stake in Motorola Solutions during the 3rd quarter valued at $25,000. United Community Bank increased its position in shares of Motorola Solutions by 81.3% in the third quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock valued at $27,000 after acquiring an additional 26 shares during the period. Whipplewood Advisors LLC boosted its holdings in shares of Motorola Solutions by 289.5% during the second quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after purchasing an additional 55 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Motorola Solutions in the third quarter worth about $33,000. Finally, Field & Main Bank purchased a new position in Motorola Solutions during the 3rd quarter valued at about $35,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

MSI opened at $421.98 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 3.59. The company has a market cap of $70.28 billion, a price-to-earnings ratio of 33.87, a price-to-earnings-growth ratio of 3.12 and a beta of 1.00. The stock has a fifty day simple moving average of $385.88 and a two-hundred day simple moving average of $420.96. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $492.22.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Monday, December 15th were paid a dividend of $1.21 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, December 15th. Motorola Solutions’s payout ratio is 38.84%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on MSI shares. Barclays dropped their price objective on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Weiss Ratings upgraded shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, January 27th. Piper Sandler raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and reduced their price objective for the company from $465.00 to $443.00 in a research report on Monday, January 5th. Finally, Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price for the company in a research report on Monday, December 1st. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $491.86.

Motorola Solutions Company Profile

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.