Asset Management One Co. Ltd. Has $43.04 Million Holdings in Motorola Solutions, Inc. $MSI

Asset Management One Co. Ltd. decreased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 11.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 94,126 shares of the communications equipment provider’s stock after selling 12,158 shares during the period. Asset Management One Co. Ltd.’s holdings in Motorola Solutions were worth $43,043,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Covea Finance boosted its position in Motorola Solutions by 5.9% during the third quarter. Covea Finance now owns 111,219 shares of the communications equipment provider’s stock worth $50,859,000 after purchasing an additional 6,153 shares during the period. Obermeyer Wealth Partners lifted its stake in shares of Motorola Solutions by 261.0% during the 2nd quarter. Obermeyer Wealth Partners now owns 8,073 shares of the communications equipment provider’s stock worth $3,394,000 after buying an additional 5,837 shares during the last quarter. Machina Capital S.A.S. boosted its holdings in shares of Motorola Solutions by 345.3% during the 2nd quarter. Machina Capital S.A.S. now owns 13,948 shares of the communications equipment provider’s stock worth $5,865,000 after buying an additional 10,816 shares during the period. Whalen Wealth Management Inc. acquired a new position in Motorola Solutions in the 2nd quarter valued at about $257,000. Finally, Swedbank AB raised its holdings in Motorola Solutions by 20.3% in the 3rd quarter. Swedbank AB now owns 1,345,492 shares of the communications equipment provider’s stock valued at $615,280,000 after acquiring an additional 227,062 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MSI. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a research report on Monday, December 1st. Piper Sandler raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and set a $443.00 target price for the company in a research report on Monday. Barclays lowered their price target on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Motorola Solutions in a research report on Monday, December 29th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $491.86.

Motorola Solutions Stock Performance

NYSE MSI opened at $380.86 on Monday. The firm’s 50 day simple moving average is $382.22 and its 200 day simple moving average is $424.53. The firm has a market capitalization of $63.43 billion, a price-to-earnings ratio of 30.57, a P/E/G ratio of 2.85 and a beta of 1.00. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 3.59. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the business earned $3.74 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be paid a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 1.3%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Monday, December 15th. Motorola Solutions’s payout ratio is 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.