IFM Investors Pty Ltd Has $15.91 Million Holdings in Motorola Solutions, Inc. (NYSE:MSI)

IFM Investors Pty Ltd lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.1% during the third quarter, Holdings Channel.com reports. The firm owned 35,381 shares of the communications equipment provider’s stock after purchasing an additional 729 shares during the period. IFM Investors Pty Ltd’s holdings in Motorola Solutions were worth $15,908,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. MFA Wealth Advisors LLC acquired a new position in Motorola Solutions during the second quarter worth $25,000. Beacon Capital Management LLC raised its holdings in shares of Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 28 shares during the last quarter. LRI Investments LLC lifted its position in Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 61 shares in the last quarter. Crewe Advisors LLC acquired a new position in Motorola Solutions during the 1st quarter valued at about $28,000. Finally, Triad Wealth Partners LLC acquired a new position in Motorola Solutions during the 2nd quarter valued at about $29,000. 84.17% of the stock is currently owned by institutional investors.

Insider Activity

In other news, COO John P. Molloy sold 23,985 shares of Motorola Solutions stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $407.50, for a total value of $9,773,887.50. Following the completion of the transaction, the chief operating officer now owns 46,821 shares in the company, valued at $19,079,557.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.50% of the company’s stock.

Motorola Solutions Stock Performance

NYSE MSI opened at $465.38 on Friday. The company has a market capitalization of $77.63 billion, a PE ratio of 57.53, a price-to-earnings-growth ratio of 4.07 and a beta of 0.97. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20. Motorola Solutions, Inc. has a 52-week low of $271.73 and a 52-week high of $480.28. The company has a 50-day simple moving average of $446.40 and a 200 day simple moving average of $399.51.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.23. Motorola Solutions had a net margin of 14.04% and a return on equity of 337.36%. The company had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same quarter last year, the business posted $2.41 EPS. Motorola Solutions’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, research analysts predict that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 13th were paid a $0.98 dividend. The ex-dividend date was Friday, September 13th. This represents a $3.92 annualized dividend and a dividend yield of 0.84%. Motorola Solutions’s payout ratio is presently 48.45%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on MSI shares. Barclays raised their target price on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. JPMorgan Chase & Co. raised their price objective on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Bank of America upped their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Finally, Jefferies Financial Group increased their price objective on shares of Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $479.50.

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.