Tema Etfs LLC Acquires New Holdings in Motorola Solutions, Inc. $MSI

by · The Markets Daily

Tema Etfs LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm bought 3,020 shares of the communications equipment provider’s stock, valued at approximately $1,381,000.

A number of other institutional investors also recently modified their holdings of MSI. Signature Resources Capital Management LLC acquired a new stake in Motorola Solutions during the second quarter worth approximately $25,000. Whipplewood Advisors LLC increased its position in shares of Motorola Solutions by 289.5% during the second quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after acquiring an additional 55 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Motorola Solutions in the third quarter worth approximately $33,000. Rossby Financial LCC grew its holdings in Motorola Solutions by 148.6% during the second quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock worth $37,000 after buying an additional 52 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in shares of Motorola Solutions in the third quarter valued at about $38,000. 84.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on MSI shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Motorola Solutions in a research note on Monday, December 29th. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target for the company in a report on Monday, December 1st. Piper Sandler raised shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and decreased their target price for the stock from $465.00 to $443.00 in a report on Monday, January 5th. Finally, Barclays reduced their target price on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $491.86.

Read Our Latest Research Report on MSI

Motorola Solutions Stock Performance

Motorola Solutions stock opened at $385.72 on Tuesday. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 3.59. The company has a market capitalization of $64.24 billion, a P/E ratio of 30.96, a PEG ratio of 2.86 and a beta of 1.00. The stock’s 50 day moving average is $377.15 and its 200 day moving average is $423.25.

Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.85 by $0.21. Motorola Solutions had a return on equity of 118.48% and a net margin of 18.71%.The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the prior year, the firm posted $3.74 EPS. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. On average, equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be given a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. Motorola Solutions’s payout ratio is currently 38.84%.

Motorola Solutions Profile

(Free Report)

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.

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