Wulff Hansen & CO. reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 25.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,753 shares of the communications equipment provider’s stock after selling 599 shares during the period. Wulff Hansen & CO.’s holdings in Motorola Solutions were worth $810,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in MSI. Synergy Asset Management LLC acquired a new position in shares of Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust bought a new stake in shares of Motorola Solutions in the fourth quarter worth $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions in the third quarter worth $29,000. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions in the fourth quarter worth $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions in the fourth quarter worth $30,000. 84.17% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the stock. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Barclays dropped their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Finally, Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $505.88.
Motorola Solutions Stock Up 0.0 %
MSI stock opened at $421.66 on Wednesday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The firm has a fifty day moving average price of $448.66 and a two-hundred day moving average price of $460.15. The firm has a market cap of $70.39 billion, a price-to-earnings ratio of 45.73, a PEG ratio of 3.82 and a beta of 1.03.
Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be given a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 annualized dividend and a dividend yield of 1.03%. Motorola Solutions’s dividend payout ratio is currently 47.29%.
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.
Featured Articles
- Five stocks we like better than Motorola Solutions
- Top Biotech Stocks: Exploring Innovation Opportunities
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- 3 Healthcare Dividend Stocks to Buy
- 3 Must-Own Stocks to Build Wealth This Decade
- Expert Stock Trading Psychology Tips
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.