Motorola Solutions, Inc. $MSI Stock Holdings Decreased by Valmark Advisers Inc.

Valmark Advisers Inc. decreased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 68.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,205 shares of the communications equipment provider’s stock after selling 2,591 shares during the quarter. Valmark Advisers Inc.’s holdings in Motorola Solutions were worth $551,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Revolve Wealth Partners LLC bought a new position in Motorola Solutions during the 4th quarter worth approximately $208,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Motorola Solutions by 19.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,297 shares of the communications equipment provider’s stock valued at $545,000 after acquiring an additional 212 shares in the last quarter. Insight Wealth Strategies LLC raised its position in shares of Motorola Solutions by 3.6% during the 2nd quarter. Insight Wealth Strategies LLC now owns 10,574 shares of the communications equipment provider’s stock valued at $4,501,000 after acquiring an additional 367 shares in the last quarter. Peak Financial Advisors LLC bought a new position in Motorola Solutions during the second quarter worth $2,535,000. Finally, Wesbanco Bank Inc. boosted its holdings in Motorola Solutions by 23.0% in the second quarter. Wesbanco Bank Inc. now owns 1,617 shares of the communications equipment provider’s stock worth $680,000 after purchasing an additional 302 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Motorola Solutions Stock Performance

MSI opened at $383.31 on Monday. The business’s 50 day moving average is $377.28 and its 200-day moving average is $423.46. The stock has a market cap of $63.84 billion, a PE ratio of 30.76, a price-to-earnings-growth ratio of 2.86 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 twelve month low of $359.36 and a twelve month high of $492.22.

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, topping analysts’ consensus estimates of $3.85 by $0.21. Motorola Solutions had a return on equity of 118.48% and a net margin of 18.71%.The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the company posted $3.74 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business 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 dividend of $1.21 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.01. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, December 15th. Motorola Solutions’s dividend payout ratio (DPR) is presently 38.84%.

Motorola Solutions Company 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.