Secure Asset Management LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 475 shares of the communications equipment provider’s stock, valued at approximately $220,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FSA Wealth Management LLC bought a new position in Motorola Solutions in the third quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in Motorola Solutions during the third quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL bought a new stake in Motorola Solutions in the 2nd quarter valued at $32,000. Planning Capital Management Corp bought a new position in shares of Motorola Solutions in the third quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions during the third quarter worth approximately $33,000. 84.17% of the stock is owned by institutional investors and hedge funds.
Motorola Solutions Price Performance
Shares of MSI opened at $479.49 on Friday. The firm has a market cap of $80.13 billion, a PE ratio of 52.52, a price-to-earnings-growth ratio of 3.47 and a beta of 1.01. Motorola Solutions, Inc. has a 52-week low of $314.84 and a 52-week high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The business’s 50 day moving average price is $474.94 and its two-hundred day moving average price is $450.48.
Motorola Solutions Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were 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 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is 47.75%.
Analysts Set New Price Targets
MSI has been the subject of a number of research reports. Morgan Stanley lifted their target price on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Raymond James lifted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays boosted their price target on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Bank of America increased their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $504.88.
Check Out Our Latest Stock Report on Motorola Solutions
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.
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