Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Versant Capital Management Inc

Versant Capital Management Inc grew its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 75.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 291 shares of the communications equipment provider’s stock after purchasing an additional 125 shares during the period. Versant Capital Management Inc’s holdings in Motorola Solutions were worth $135,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

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

Motorola Solutions Trading Up 0.6 %

MSI opened at $461.84 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 52 week low of $307.31 and a 52 week high of $507.82. The business’s 50 day moving average is $478.01 and its two-hundred day moving average is $441.86. The firm has a market cap of $77.18 billion, a price-to-earnings ratio of 50.58, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01.

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

Motorola Solutions Increases Dividend

The firm also recently announced 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 an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.94%. Motorola Solutions’s dividend payout ratio is 47.75%.

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.