GAMMA Investing LLC Buys 475 Shares of Motorola Solutions, Inc. (NYSE:MSI)

GAMMA Investing LLC grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 23.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,471 shares of the communications equipment provider’s stock after buying an additional 475 shares during the period. GAMMA Investing LLC’s holdings in Motorola Solutions were worth $1,142,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in MSI. Farther Finance Advisors LLC increased its stake in Motorola Solutions by 13.1% during the second quarter. Farther Finance Advisors LLC now owns 775 shares of the communications equipment provider’s stock valued at $299,000 after acquiring an additional 90 shares during the period. Financial Counselors Inc. acquired a new stake in shares of Motorola Solutions during the 2nd quarter worth approximately $224,000. First National Trust Co bought a new stake in shares of Motorola Solutions during the second quarter valued at approximately $203,000. Foundations Investment Advisors LLC raised its stake in shares of Motorola Solutions by 17.5% in the second quarter. Foundations Investment Advisors LLC now owns 947 shares of the communications equipment provider’s stock valued at $365,000 after purchasing an additional 141 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in Motorola Solutions by 12,120.0% in the second quarter. Larson Financial Group LLC now owns 611 shares of the communications equipment provider’s stock worth $236,000 after purchasing an additional 606 shares during the period. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Stock Up 0.6 %

NYSE MSI opened at $461.84 on Friday. The stock’s 50 day simple moving average is $478.01 and its 200 day simple moving average is $441.86. Motorola Solutions, Inc. has a one year low of $307.31 and a one year high of $507.82. The firm has a market cap of $77.18 billion, a PE ratio of 50.58, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01. 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 announced its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, topping 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 company had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. As a group, sell-side analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be paid a $1.09 dividend. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. Motorola Solutions’s payout ratio is currently 47.75%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Barclays boosted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Morgan Stanley upped their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Raymond James increased their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Bank of America lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions 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.