Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lessened its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 419,161 shares of the communications equipment provider’s stock after selling 7,675 shares during the quarter. Janus Henderson Group PLC’s holdings in Motorola Solutions were worth $188,465,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its position in Motorola Solutions by 59,189.5% in the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after purchasing an additional 965,972 shares during the period. Swedbank AB increased its position in shares of Motorola Solutions by 215.7% during the 2nd quarter. Swedbank AB now owns 1,023,956 shares of the communications equipment provider’s stock worth $395,298,000 after purchasing an additional 699,615 shares during the last quarter. Wulff Hansen & CO. raised its holdings in Motorola Solutions by 38,505.0% in the 2nd quarter. Wulff Hansen & CO. now owns 696,434 shares of the communications equipment provider’s stock valued at $268,858,000 after buying an additional 694,630 shares during the period. Mizuho Securities USA LLC lifted its position in Motorola Solutions by 4,447.9% in the third 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. Finally, National Bank of Canada FI boosted its stake in Motorola Solutions by 428.2% during 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 period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Trading Up 0.2 %

NYSE:MSI opened at $497.83 on Wednesday. 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 $307.09 and a 52 week high of $507.82. The business’s 50 day moving average is $473.47 and its two-hundred day moving average is $426.90. The company has a market cap of $83.20 billion, a PE ratio of 54.53, a P/E/G ratio of 3.92 and a beta of 0.99.

Motorola Solutions (NYSE:MSI) last issued its quarterly 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. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, analysts predict that Motorola Solutions, Inc. will post 12.54 EPS for the current year.

Motorola Solutions Increases Dividend

The company 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 dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Friday, December 13th. Motorola Solutions’s payout ratio is 42.94%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MSI. Barclays upped their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Jefferies Financial Group upped their price target on 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 Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Raymond James raised their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target 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. Nine analysts have rated the stock with a buy rating, According to MarketBeat, Motorola Solutions has an average rating of “Buy” and an average target price of $506.29.

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.