Lansforsakringar Fondforvaltning AB publ Has $541,000 Holdings in Motorola Solutions, Inc. $MSI

Lansforsakringar Fondforvaltning AB publ lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 96.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,184 shares of the communications equipment provider’s stock after selling 31,719 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Motorola Solutions were worth $541,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Rossby Financial LCC boosted its stake in shares of Motorola Solutions by 70.1% in the 3rd quarter. Rossby Financial LCC now owns 148 shares of the communications equipment provider’s stock valued at $68,000 after purchasing an additional 61 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Motorola Solutions by 4.0% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,746 shares of the communications equipment provider’s stock valued at $1,713,000 after purchasing an additional 144 shares during the last quarter. Bridgewater Advisors Inc. boosted its position in Motorola Solutions by 10.2% in the third quarter. Bridgewater Advisors Inc. now owns 857 shares of the communications equipment provider’s stock valued at $392,000 after buying an additional 79 shares in the last quarter. Convergence Financial LLC grew its stake in shares of Motorola Solutions by 39.1% during the third quarter. Convergence Financial LLC now owns 2,549 shares of the communications equipment provider’s stock worth $1,166,000 after buying an additional 717 shares during the last quarter. Finally, Fiera Capital Corp grew its stake in shares of Motorola Solutions by 54.8% during the third quarter. Fiera Capital Corp now owns 78,084 shares of the communications equipment provider’s stock worth $35,707,000 after buying an additional 27,645 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

MSI has been the subject of a number of research reports. Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target for the company in a research note on Monday, December 1st. Morgan Stanley reiterated an “overweight” rating and issued a $470.00 target price on shares of Motorola Solutions in a research report on Thursday, February 12th. Argus raised Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. Piper Sandler reaffirmed an “overweight” rating and issued a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, Weiss Ratings lowered shares of Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $497.14.

Motorola Solutions Trading Down 0.2%

NYSE MSI opened at $469.90 on Thursday. The firm has a market capitalization of $77.84 billion, a PE ratio of 36.83, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00. The business’s 50-day moving average price is $406.94 and its two-hundred day moving average price is $422.39. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, topping analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. During the same period in the previous year, the firm earned $4.04 earnings per share. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be paid a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s dividend payout ratio is currently 37.93%.

Motorola Solutions Profile

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.