Tidal Investments LLC Has $7.63 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Tidal Investments LLC decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 2.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,973 shares of the communications equipment provider’s stock after selling 371 shares during the period. Tidal Investments LLC’s holdings in Motorola Solutions were worth $7,632,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC boosted its stake in shares of Motorola Solutions by 59,189.5% during the 3rd quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after buying an additional 965,972 shares during the period. Wulff Hansen & CO. grew its stake in Motorola Solutions by 38,505.0% in the second quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock valued at $268,858,000 after purchasing an additional 694,630 shares in the last quarter. Mizuho Securities USA LLC lifted its holdings in shares of Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after buying an additional 572,040 shares during the last quarter. National Bank of Canada FI increased its holdings in Motorola Solutions by 428.2% in the second quarter. National Bank of Canada FI now owns 501,601 shares of the communications equipment provider’s stock worth $193,798,000 after buying an additional 406,638 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Motorola Solutions by 477.9% during the third quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock valued at $140,131,000 after acquiring an additional 257,727 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MSI has been the topic of several analyst reports. Jefferies Financial Group increased their price target on shares of Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Evercore ISI increased their target price on shares of Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Raymond James upped their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Bank of America raised their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Buy” and a consensus price target of $506.29.

Motorola Solutions Trading Down 1.8 %

Shares of Motorola Solutions stock opened at $469.52 on Friday. The company’s fifty day moving average price is $478.34 and its two-hundred day moving average price is $431.73. The firm has a market capitalization of $78.47 billion, a PE ratio of 51.43, a price-to-earnings-growth ratio of 3.77 and a beta of 0.99. Motorola Solutions, Inc. has a 52-week low of $307.09 and a 52-week high of $507.82. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.36. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Friday, December 13th. Motorola Solutions’s dividend payout ratio is 42.94%.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.