Liberty One Investment Management LLC Purchases Shares of 106,229 Motorola Solutions, Inc. $MSI

Liberty One Investment Management LLC bought a new position in Motorola Solutions, Inc. (NYSE:MSI) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 106,229 shares of the communications equipment provider’s stock, valued at approximately $48,562,000. Motorola Solutions comprises 2.7% of Liberty One Investment Management LLC’s portfolio, making the stock its 23rd largest holding. Liberty One Investment Management LLC owned about 0.06% of Motorola Solutions at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Signature Resources Capital Management LLC purchased a new stake in shares of Motorola Solutions in the second quarter valued at about $25,000. Halbert Hargrove Global Advisors LLC purchased a new position in Motorola Solutions in the third quarter valued at approximately $33,000. Whipplewood Advisors LLC grew its stake in shares of Motorola Solutions by 289.5% during the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after acquiring an additional 55 shares during the period. Salomon & Ludwin LLC bought a new position in Motorola Solutions during the third quarter worth about $38,000. Finally, Rossby Financial LCC boosted its holdings in Motorola Solutions by 148.6% in the 2nd quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock worth $37,000 after buying an additional 52 shares during the period. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Motorola Solutions in a report on Monday, December 29th. Barclays reduced their target price on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a research note on Monday, December 1st. Finally, Piper Sandler upgraded Motorola Solutions from a “neutral” rating to an “overweight” rating and decreased their price objective for the stock from $465.00 to $443.00 in a report on Monday, January 5th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $491.86.

Motorola Solutions Price Performance

Shares of Motorola Solutions stock opened at $385.72 on Tuesday. The business has a 50 day moving average of $377.15 and a 200 day moving average of $423.25. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22. The company has a market cap of $64.24 billion, a PE ratio of 30.96, a P/E/G ratio of 2.86 and a beta of 1.00. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 3.59.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.85 by $0.21. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the firm earned $3.74 EPS. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be given a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, December 15th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. Motorola Solutions’s payout ratio is presently 38.84%.

Motorola Solutions Profile

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.