Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Vinva Investment Management Ltd

Vinva Investment Management Ltd lifted its position in Motorola Solutions, Inc. (NYSE:MSI) by 44.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,195 shares of the communications equipment provider’s stock after purchasing an additional 2,528 shares during the period. Vinva Investment Management Ltd’s holdings in Motorola Solutions were worth $3,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Public Sector Pension Investment Board lifted its stake in shares of Motorola Solutions by 14.1% in the 3rd quarter. Public Sector Pension Investment Board now owns 7,292 shares of the communications equipment provider’s stock valued at $3,279,000 after purchasing an additional 900 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Motorola Solutions by 33.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 49,560 shares of the communications equipment provider’s stock valued at $22,284,000 after purchasing an additional 12,404 shares during the period. First Commonwealth Financial Corp PA lifted its stake in shares of Motorola Solutions by 1.3% in the 3rd quarter. First Commonwealth Financial Corp PA now owns 3,025 shares of the communications equipment provider’s stock valued at $1,360,000 after purchasing an additional 38 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Motorola Solutions by 13.6% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 12,499 shares of the communications equipment provider’s stock valued at $5,620,000 after purchasing an additional 1,499 shares during the period. Finally, Glenmede Trust Co. NA increased its holdings in Motorola Solutions by 1.5% in the 3rd quarter. Glenmede Trust Co. NA now owns 6,144 shares of the communications equipment provider’s stock worth $2,763,000 after acquiring an additional 89 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $500.66 on Friday. Motorola Solutions, Inc. has a 52-week low of $307.09 and a 52-week high of $507.82. The firm has a market capitalization of $83.67 billion, a price-to-earnings ratio of 54.84, a PEG ratio of 3.97 and a beta of 0.97. The company has a fifty day simple moving average of $470.38 and a 200-day simple moving average of $423.22. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions (NYSE:MSI) last released its 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 net margin of 14.65% and a return on equity of 251.96%. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 12.48 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a $1.09 dividend. The ex-dividend date is Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.87%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is currently 42.94%.

Wall Street Analysts Forecast Growth

MSI has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday. Barclays boosted their price target 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. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $436.00 to $440.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Jefferies Financial Group boosted their price target 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, 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 report on Wednesday, October 23rd. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $506.29.

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.