Atomi Financial Group Inc. Grows Position in Motorola Solutions, Inc. (NYSE:MSI)

Atomi Financial Group Inc. boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 12.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,143 shares of the communications equipment provider’s stock after buying an additional 123 shares during the period. Atomi Financial Group Inc.’s holdings in Motorola Solutions were worth $528,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp raised its stake in shares of Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after acquiring an additional 198,183 shares during the period. Geode Capital Management LLC increased its holdings in Motorola Solutions by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock valued at $1,675,588,000 after purchasing an additional 89,320 shares during the last quarter. Legal & General Group Plc raised its position in Motorola Solutions by 7.7% in the second quarter. Legal & General Group Plc now owns 1,530,660 shares of the communications equipment provider’s stock valued at $590,911,000 after purchasing an additional 110,072 shares during the period. International Assets Investment Management LLC lifted its stake in Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after purchasing an additional 965,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Motorola Solutions by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock worth $404,744,000 after buying an additional 8,651 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $475.78 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The company has a fifty day simple moving average of $475.49 and a 200-day simple moving average of $449.68. The stock has a market cap of $79.51 billion, a P/E ratio of 52.11, a price-to-earnings-growth ratio of 3.44 and a beta of 1.01. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Equities analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were paid a $1.09 dividend. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Analyst Ratings Changes

Several research firms recently issued reports on MSI. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley increased their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Raymond James lifted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Barclays increased their target price 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. Finally, Bank of America boosted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions 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.