Oppenheimer & Co. Inc. Has $747,000 Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Oppenheimer & Co. Inc. increased its stake in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 5.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,743 shares of the communications equipment provider’s stock after purchasing an additional 136 shares during the period. Oppenheimer & Co. Inc.’s holdings in Motorola Solutions were worth $747,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC bought a new stake in Motorola Solutions during the 2nd quarter worth about $33,000. Strategic Investment Solutions Inc. IL bought a new position in Motorola Solutions in the 1st quarter valued at about $35,000. Eagle Bay Advisors LLC bought a new position in Motorola Solutions in the 2nd quarter valued at about $35,000. Tortoise Investment Management LLC raised its holdings in Motorola Solutions by 1,140.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 124 shares of the communications equipment provider’s stock valued at $36,000 after acquiring an additional 114 shares during the period. Finally, Almanack Investment Partners LLC. bought a new position in Motorola Solutions in the 3rd quarter valued at about $38,000. 82.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. StockNews.com lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, November 11th. Deutsche Bank Aktiengesellschaft began coverage on shares of Motorola Solutions in a research report on Friday, January 19th. They set a “buy” rating and a $350.00 price target on the stock. Finally, Barclays raised their target price on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and an average target price of $328.29.

Check Out Our Latest Research Report on Motorola Solutions

Motorola Solutions Price Performance

MSI stock opened at $328.35 on Friday. The firm has a market cap of $54.51 billion, a price-to-earnings ratio of 33.20, a PEG ratio of 2.73 and a beta of 0.92. The company has a quick ratio of 0.77, a current ratio of 0.95 and a debt-to-equity ratio of 12.51. Motorola Solutions, Inc. has a 12-month low of $255.85 and a 12-month high of $330.93. The company’s fifty day simple moving average is $319.20 and its 200 day simple moving average is $299.38.

Motorola Solutions (NYSE:MSIGet Free Report) last announced its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 earnings per share for the quarter, beating the consensus estimate of $3.63 by $0.27. Motorola Solutions had a net margin of 17.30% and a return on equity of 668.00%. The firm had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. During the same quarter in the prior year, the business earned $3.38 earnings per share. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, analysts expect that Motorola Solutions, Inc. will post 10.69 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 15th were issued a dividend of $0.98 per share. The ex-dividend date was Thursday, December 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.19%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.88. Motorola Solutions’s dividend payout ratio is currently 39.64%.

Motorola Solutions Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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