Tokio Marine Asset Management Co. Ltd. Boosts Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Tokio Marine Asset Management Co. Ltd. increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 2.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,593 shares of the communications equipment provider’s stock after buying an additional 122 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Motorola Solutions were worth $2,065,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MFA Wealth Advisors LLC purchased a new stake in shares of Motorola Solutions during the 2nd quarter worth about $25,000. Beacon Capital Management LLC boosted its position in Motorola Solutions by 71.8% during the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock worth $26,000 after purchasing an additional 28 shares in the last quarter. LRI Investments LLC grew its holdings in Motorola Solutions by 871.4% in the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares during the period. Crewe Advisors LLC purchased a new stake in shares of Motorola Solutions in the first quarter valued at approximately $28,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of Motorola Solutions during the 2nd quarter worth approximately $29,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on MSI shares. Barclays boosted their price target 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. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $385.00 to $440.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th. 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 note on Friday, November 8th. Jefferies Financial Group increased their target price on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a report on Tuesday, September 3rd. Finally, Bank of America raised their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $493.43.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $493.70 on Friday. The business’s 50 day moving average price is $458.10 and its 200 day moving average price is $412.66. The company has a market cap of $82.51 billion, a price-to-earnings ratio of 54.07, a PEG ratio of 4.15 and a beta of 0.97. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a one year low of $307.09 and a one year high of $507.82.

Motorola Solutions (NYSE:MSI) last posted its quarterly 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 business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. On average, research analysts predict that Motorola Solutions, Inc. will post 12.26 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a $1.09 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.88%. Motorola Solutions’s dividend payout ratio is 42.94%.

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.