SBI Securities Co. Ltd. bought a new position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 64 shares of the communications equipment provider’s stock, valued at approximately $30,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. World Investment Advisors LLC boosted its position in shares of Motorola Solutions by 5,403.9% in the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after buying an additional 35,071 shares during the period. Versor Investments LP purchased a new stake in shares of Motorola Solutions during the third quarter worth $449,000. Groupama Asset Managment raised its holdings in shares of Motorola Solutions by 8.6% during the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after acquiring an additional 46,731 shares in the last quarter. National Pension Service raised its holdings in shares of Motorola Solutions by 22.9% during the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock worth $217,654,000 after acquiring an additional 87,722 shares in the last quarter. Finally, Oddo BHF Asset Management Sas purchased a new stake in shares of Motorola Solutions during the third quarter worth $33,423,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Price Performance
NYSE MSI opened at $413.42 on Thursday. Motorola Solutions, Inc. has a fifty-two week low of $332.98 and a fifty-two week high of $507.82. The stock’s 50-day moving average is $451.80 and its two-hundred day moving average is $460.45. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The firm has a market cap of $69.01 billion, a P/E ratio of 44.84, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03.
Motorola Solutions Dividend Announcement
The firm 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. The ex-dividend date is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.05%. Motorola Solutions’s payout ratio is presently 47.29%.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on MSI. Deutsche Bank Aktiengesellschaft increased their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays cut their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley increased their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a 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 company. Based on data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and a consensus price target of $505.88.
Check Out Our Latest Stock Report on Motorola Solutions
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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