Susquehanna Fundamental Investments LLC Has $10.15 Million Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Susquehanna Fundamental Investments LLC boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 310.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,293 shares of the communications equipment provider’s stock after buying an additional 19,893 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in Motorola Solutions were worth $10,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ raised its position in Motorola Solutions by 32.9% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 358,011 shares of the communications equipment provider’s stock valued at $138,210,000 after buying an additional 88,603 shares during the period. State Board of Administration of Florida Retirement System raised its position in Motorola Solutions by 8.9% during the first quarter. State Board of Administration of Florida Retirement System now owns 189,360 shares of the communications equipment provider’s stock valued at $67,219,000 after buying an additional 15,488 shares during the period. First Foundation Advisors raised its position in Motorola Solutions by 37.7% during the first quarter. First Foundation Advisors now owns 354 shares of the communications equipment provider’s stock valued at $126,000 after buying an additional 97 shares during the period. BDF Gestion purchased a new position in Motorola Solutions in the second quarter valued at about $7,377,000. Finally, Capital International Sarl grew its stake in Motorola Solutions by 13.8% in the fourth quarter. Capital International Sarl now owns 57,227 shares of the communications equipment provider’s stock valued at $17,917,000 after purchasing an additional 6,918 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Motorola Solutions

In related news, COO John P. Molloy sold 23,985 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the sale, the chief operating officer now owns 46,821 shares in the company, valued at approximately $19,079,557.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MSI shares. Bank of America boosted their target price on Motorola Solutions from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. JPMorgan Chase & Co. boosted their target price on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Barclays boosted their target price on Motorola Solutions from $372.00 to $467.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Jefferies Financial Group boosted their target price on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Finally, Evercore ISI boosted their target price on Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Buy” and an average price target of $466.17.

Motorola Solutions Stock Performance

MSI opened at $446.36 on Friday. The company has a market cap of $74.45 billion, a PE ratio of 55.17, a price-to-earnings-growth ratio of 3.90 and a beta of 0.97. The stock has a 50-day moving average of $424.22 and a 200-day moving average of $385.04. Motorola Solutions, Inc. has a 52-week low of $269.64 and a 52-week high of $452.00. The company has a debt-to-equity ratio of 7.03, a quick ratio of 1.03 and a current ratio of 1.20.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.23. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The company had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter in the prior year, the company posted $2.41 EPS. The firm’s revenue was up 9.4% on a year-over-year basis. As a group, equities research analysts forecast that Motorola Solutions, Inc. will post 12.22 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, September 13th will be paid a dividend of $0.98 per share. The ex-dividend date is Friday, September 13th. This represents a $3.92 annualized dividend and a yield of 0.88%. Motorola Solutions’s payout ratio is 48.45%.

Motorola Solutions Company 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.