Raleigh Capital Management Inc. Raises Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Raleigh Capital Management Inc. increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 335.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 431 shares of the communications equipment provider’s stock after acquiring an additional 332 shares during the quarter. Raleigh Capital Management Inc.’s holdings in Motorola Solutions were worth $199,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC increased its stake in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Versor Investments LP purchased a new position in Motorola Solutions in the 3rd quarter valued at approximately $449,000. Groupama Asset Managment raised its holdings in Motorola Solutions by 8.6% during the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after acquiring an additional 46,731 shares during the period. Magnolia Capital Advisors LLC purchased a new stake in shares of Motorola Solutions during the second quarter worth $19,694,000. Finally, Los Angeles Capital Management LLC grew its position in shares of Motorola Solutions by 8.5% in the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after purchasing an additional 32,157 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Up 0.8 %

NYSE MSI opened at $475.78 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock’s 50-day simple moving average is $475.49 and its two-hundred day simple moving average is $449.68. Motorola Solutions, Inc. has a twelve month low of $314.84 and a twelve month high of $507.82. The company has a market capitalization of $79.51 billion, a price-to-earnings ratio of 52.11, a PEG ratio of 3.44 and a beta of 1.01.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $2.76 billion. Research analysts forecast that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Friday, December 13th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.

Analysts Set New Price Targets

Several research analysts have commented on MSI shares. Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Morgan Stanley raised their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Barclays upped 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. Deutsche Bank Aktiengesellschaft raised their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Raymond James upped their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. 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 data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Company 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.