Liberty One Investment Management LLC Acquires Shares of 106,229 Motorola Solutions, Inc. $MSI

Liberty One Investment Management LLC bought a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the third quarter, HoldingsChannel reports. The firm bought 106,229 shares of the communications equipment provider’s stock, valued at approximately $48,562,000. Motorola Solutions makes up approximately 2.7% of Liberty One Investment Management LLC’s holdings, making the stock its 23rd largest holding.

Several other institutional investors also recently modified their holdings of MSI. Signature Resources Capital Management LLC bought a new stake in Motorola Solutions during the second quarter worth about $25,000. Whipplewood Advisors LLC increased its position in Motorola Solutions by 289.5% during the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock valued at $31,000 after buying an additional 55 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in Motorola Solutions during the 3rd quarter valued at approximately $33,000. Rossby Financial LCC raised its stake in Motorola Solutions by 148.6% during the second quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock valued at $37,000 after buying an additional 52 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in Motorola Solutions in the third quarter worth $38,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MSI has been the subject of several recent analyst reports. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target for the company in a research report on Monday, December 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Motorola Solutions in a research note on Monday, December 29th. Barclays dropped their target price on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Finally, Piper Sandler raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and reduced their price target for the company from $465.00 to $443.00 in a research report on Monday, January 5th. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $491.86.

Motorola Solutions Price Performance

MSI opened at $385.72 on Tuesday. The company’s 50-day simple moving average is $377.15 and its two-hundred day simple moving average is $423.25. 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 stock has a market capitalization of $64.24 billion, a P/E ratio of 30.96, a P/E/G ratio of 2.86 and a beta of 1.00. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share 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 firm had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the previous year, the company earned $3.74 earnings per share. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. As a group, analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be paid a $1.21 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.3%. Motorola Solutions’s dividend payout ratio (DPR) 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.