Motorola Solutions, Inc. $MSI Shares Purchased by Alps Advisors Inc.

Alps Advisors Inc. raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 180.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,899 shares of the communications equipment provider’s stock after purchasing an additional 12,799 shares during the quarter. Alps Advisors Inc.’s holdings in Motorola Solutions were worth $9,100,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Covea Finance increased its holdings in Motorola Solutions by 5.9% in the third quarter. Covea Finance now owns 111,219 shares of the communications equipment provider’s stock valued at $50,859,000 after buying an additional 6,153 shares during the last quarter. Obermeyer Wealth Partners boosted its position in shares of Motorola Solutions by 261.0% during the 2nd quarter. Obermeyer Wealth Partners now owns 8,073 shares of the communications equipment provider’s stock worth $3,394,000 after acquiring an additional 5,837 shares in the last quarter. Machina Capital S.A.S. increased its holdings in shares of Motorola Solutions by 345.3% in the 2nd quarter. Machina Capital S.A.S. now owns 13,948 shares of the communications equipment provider’s stock valued at $5,865,000 after acquiring an additional 10,816 shares during the last quarter. Whalen Wealth Management Inc. acquired a new stake in shares of Motorola Solutions during the 2nd quarter worth about $257,000. Finally, Swedbank AB raised its position in shares of Motorola Solutions by 20.3% during the 3rd quarter. Swedbank AB now owns 1,345,492 shares of the communications equipment provider’s stock worth $615,280,000 after acquiring an additional 227,062 shares in the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of MSI opened at $421.98 on Monday. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The company has a market capitalization of $70.28 billion, a price-to-earnings ratio of 33.87, a price-to-earnings-growth ratio of 3.15 and a beta of 1.00. The firm has a 50-day simple moving average of $385.88 and a 200-day simple moving average of $420.95. The company has a debt-to-equity ratio of 3.59, a quick ratio of 0.86 and a current ratio of 1.03.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Monday, December 15th were issued a $1.21 dividend. The ex-dividend date of this dividend was Monday, December 15th. This is an increase 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%. Motorola Solutions’s dividend payout ratio is presently 38.84%.

Analyst Upgrades and Downgrades

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

Motorola Solutions 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.