Motorola Solutions, Inc. $MSI Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 16.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 20,767 shares of the communications equipment provider’s stock after buying an additional 2,867 shares during the quarter. Jones Financial Companies Lllp’s holdings in Motorola Solutions were worth $9,482,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Orion Capital Management LLC acquired a new position in Motorola Solutions in the third quarter valued at approximately $25,000. Whipplewood Advisors LLC lifted its holdings in shares of Motorola Solutions by 289.5% in the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after purchasing an additional 55 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in Motorola Solutions during the 3rd quarter valued at approximately $33,000. Field & Main Bank acquired a new position in Motorola Solutions during the 3rd quarter valued at approximately $35,000. Finally, Rossby Financial LCC grew its stake in Motorola Solutions by 148.6% during 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 last quarter. Institutional investors own 84.17% of the company’s stock.

Analyst Ratings Changes

MSI has been the topic of a number of recent research reports. Piper Sandler upgraded Motorola Solutions from a “neutral” rating to an “overweight” rating and cut their target price for the company from $465.00 to $443.00 in a research note on Monday, January 5th. 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. Northcoast Research upgraded 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, Barclays reduced their price objective on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Eight research analysts have rated the stock with a Buy rating and two have assigned 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 price target of $491.86.

Motorola Solutions Stock Up 1.6%

MSI opened at $416.03 on Thursday. The company has a debt-to-equity ratio of 3.59, a quick ratio of 0.86 and a current ratio of 1.03. The company has a market capitalization of $69.29 billion, a PE ratio of 33.39, a P/E/G ratio of 3.06 and a beta of 1.00. The stock’s fifty day moving average is $383.90 and its 200-day moving average is $420.98. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $492.22.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Monday, December 15th were issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, December 15th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. Motorola Solutions’s dividend payout ratio is currently 38.84%.

About Motorola Solutions

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.