National Pension Service grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 22.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 470,878 shares of the communications equipment provider’s stock after acquiring an additional 87,722 shares during the period. National Pension Service owned about 0.28% of Motorola Solutions worth $217,654,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust purchased a new stake in Motorola Solutions during the fourth quarter valued at about $26,000. FSA Wealth Management LLC purchased a new stake in Motorola Solutions during the third quarter valued at about $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions in the third quarter worth about $31,000. Finally, Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Trading Up 1.2 %
Shares of NYSE:MSI opened at $425.77 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The stock has a market capitalization of $71.08 billion, a PE ratio of 46.18, a P/E/G ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a 1 year low of $326.22 and a 1 year high of $507.82. The firm has a fifty day moving average price of $461.37 and a 200 day moving average price of $460.57.
Motorola Solutions Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.02%. Motorola Solutions’s payout ratio is 47.29%.
Analyst Ratings Changes
MSI has been the topic of several research analyst reports. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays dropped their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Morgan Stanley boosted their price objective on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $505.88.
View Our Latest Analysis 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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