Alps Advisors Inc. Increases Stake in Motorola Solutions, Inc. $MSI

Alps Advisors Inc. raised its position in Motorola Solutions, Inc. (NYSE:MSI) by 180.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 19,899 shares of the communications equipment provider’s stock after acquiring an additional 12,799 shares during the period. Alps Advisors Inc.’s holdings in Motorola Solutions were worth $9,100,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in MSI. Norges Bank acquired a new position in Motorola Solutions during the 2nd quarter worth approximately $872,307,000. Marshall Wace LLP purchased a new stake in shares of Motorola Solutions in the second quarter valued at approximately $230,743,000. Voya Investment Management LLC grew its holdings in Motorola Solutions by 116.5% during the third quarter. Voya Investment Management LLC now owns 841,463 shares of the communications equipment provider’s stock worth $384,793,000 after acquiring an additional 452,822 shares during the period. Qube Research & Technologies Ltd raised its position in Motorola Solutions by 54.5% in the second quarter. Qube Research & Technologies Ltd now owns 1,195,796 shares of the communications equipment provider’s stock worth $502,784,000 after acquiring an additional 422,039 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Motorola Solutions by 1.8% in the second quarter. Vanguard Group Inc. now owns 21,885,593 shares of the communications equipment provider’s stock valued at $9,202,016,000 after acquiring an additional 384,479 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 1.2%

MSI stock opened at $421.98 on Monday. The company has a debt-to-equity ratio of 3.59, a current ratio of 1.03 and a quick ratio of 0.86. The company’s 50 day simple moving average is $385.88 and its 200-day simple moving average is $420.95. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22. The firm has a market capitalization of $70.28 billion, a PE ratio of 33.87, a P/E/G ratio of 3.15 and a beta of 1.00.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Monday, December 15th were issued a dividend of $1.21 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date was Monday, December 15th. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. Motorola Solutions’s payout ratio is currently 38.84%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, January 27th. Piper Sandler raised shares of 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. Barclays dropped their target price on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Finally, Northcoast Research raised 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. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $491.86.

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.