Insight Wealth Partners LLC Invests $218,000 in Motorola Solutions, Inc. (NYSE:MSI)

Insight Wealth Partners LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 484 shares of the communications equipment provider’s stock, valued at approximately $218,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. MFA Wealth Advisors LLC acquired a new position in shares of Motorola Solutions during the second quarter valued at $25,000. Beacon Capital Management LLC lifted its position in shares of Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares in the last quarter. LRI Investments LLC lifted its position in Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Triad Wealth Partners LLC bought a new position in shares of Motorola Solutions in the 2nd quarter valued at about $29,000. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions during the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

MSI has been the topic of a number of recent analyst reports. Barclays boosted 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. Evercore ISI raised their price objective on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Jefferies Financial Group raised their target price on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a report on Tuesday, September 3rd. Finally, JPMorgan Chase & Co. raised their price objective on Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $506.29.

Motorola Solutions Price Performance

Shares of MSI opened at $496.56 on Wednesday. The business has a 50-day moving average of $467.86 and a 200-day moving average of $422.13. Motorola Solutions, Inc. has a 1 year low of $307.09 and a 1 year high of $507.82. The company has a market capitalization of $82.99 billion, a price-to-earnings ratio of 54.39, a price-to-earnings-growth ratio of 3.88 and a beta of 0.97. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.48 earnings per share for the current year.

Motorola Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $1.09 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date is Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.88%. Motorola Solutions’s dividend payout ratio is presently 42.94%.

About Motorola Solutions

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.