Motorola Solutions, Inc. $MSI Shares Acquired by Aberdeen Group plc

Aberdeen Group plc grew its holdings in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 1.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 148,170 shares of the communications equipment provider’s stock after purchasing an additional 1,802 shares during the quarter. Aberdeen Group plc owned 0.09% of Motorola Solutions worth $67,572,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in Motorola Solutions in the second quarter valued at $872,307,000. Marshall Wace LLP purchased a new position in shares of Motorola Solutions in the 2nd quarter valued at about $230,743,000. Voya Investment Management LLC grew its position in shares of Motorola Solutions by 116.5% during the third quarter. Voya Investment Management LLC now owns 841,463 shares of the communications equipment provider’s stock worth $384,793,000 after buying an additional 452,822 shares in the last quarter. Qube Research & Technologies Ltd increased its stake in shares of Motorola Solutions by 54.5% during the second quarter. Qube Research & Technologies Ltd now owns 1,195,796 shares of the communications equipment provider’s stock worth $502,784,000 after buying an additional 422,039 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Motorola Solutions by 1.8% during the second quarter. Vanguard Group Inc. now owns 21,885,593 shares of the communications equipment provider’s stock worth $9,202,016,000 after buying an additional 384,479 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Up 1.9%

MSI stock opened at $462.19 on Monday. The company has a fifty day moving average price of $392.04 and a 200 day moving average price of $421.14. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22. The company has a market cap of $76.57 billion, a price-to-earnings ratio of 36.22, a price-to-earnings-growth ratio of 3.56 and a beta of 1.00. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87.

Motorola Solutions (NYSE:MSIGet Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.24. The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.34 billion. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. Motorola Solutions’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the firm posted $4.04 EPS. Sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Monday, December 15th were paid a $1.21 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date was Monday, December 15th. This represents a $4.84 annualized dividend and a dividend yield of 1.0%. Motorola Solutions’s dividend payout ratio (DPR) is 37.93%.

Motorola Solutions News Summary

Here are the key news stories impacting Motorola Solutions this week:

Analysts Set New Price Targets

A number of brokerages have commented on MSI. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective on the stock in a research report on Monday, December 1st. Piper Sandler reissued an “overweight” rating and issued a $499.00 target price (up previously from $443.00) on shares of Motorola Solutions in a report on Thursday. Morgan Stanley reaffirmed an “overweight” rating and set a $470.00 price target on shares of Motorola Solutions in a report on Thursday. Weiss Ratings cut Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. raised their target price on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $497.14.

Read Our Latest Report on Motorola Solutions

About Motorola Solutions

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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