Range Financial Group LLC Raises Stake in Motorola Solutions, Inc. (NYSE:MSI)

Range Financial Group LLC lifted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 32.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,450 shares of the communications equipment provider’s stock after purchasing an additional 353 shares during the period. Range Financial Group LLC’s holdings in Motorola Solutions were worth $670,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MSI. FSA Wealth Management LLC purchased a new position in Motorola Solutions in the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions in the 3rd quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL acquired a new position in Motorola Solutions during the second quarter worth $32,000. Planning Capital Management Corp purchased a new stake in Motorola Solutions during the third quarter worth $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions in the third quarter valued at $33,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.1 %

MSI traded down $0.55 during trading on Tuesday, hitting $455.90. The company’s stock had a trading volume of 856,941 shares, compared to its average volume of 778,444. Motorola Solutions, Inc. has a twelve month low of $308.61 and a twelve month high of $507.82. The firm’s 50 day moving average price is $477.96 and its 200-day moving average price is $443.74. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The stock has a market cap of $76.19 billion, a PE ratio of 49.93, a PEG ratio of 3.70 and a beta of 1.01.

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

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a $1.09 dividend. The ex-dividend date is Friday, December 13th. 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 0.96%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.75%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MSI. Morgan Stanley lifted their price target on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. Raymond James upped their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Bank of America upped their target price 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, Barclays increased their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Company Profile

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.