Ethos Financial Group LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 438 shares of the communications equipment provider’s stock, valued at approximately $203,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $29,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at $30,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Stock Down 0.8 %
Shares of NYSE:MSI opened at $422.76 on Friday. The company has a market cap of $70.57 billion, a price-to-earnings ratio of 45.85, a PEG ratio of 3.82 and a beta of 1.02. The firm’s 50-day simple moving average is $455.64 and its 200-day simple moving average is $460.48. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a fifty-two week low of $329.70 and a fifty-two week high of $507.82.
Motorola Solutions Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s payout ratio is currently 47.29%.
Analyst Upgrades and Downgrades
A number of research firms recently commented on MSI. Deutsche Bank Aktiengesellschaft increased their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley increased their target price 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. Barclays dropped their target price on shares of 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 increased their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $505.88.
Read Our Latest Research Report on MSI
About Motorola Solutions
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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