Lester Murray Antman dba SimplyRich Raises Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Lester Murray Antman dba SimplyRich grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,221 shares of the communications equipment provider’s stock after acquiring an additional 78 shares during the period. Motorola Solutions comprises about 0.7% of Lester Murray Antman dba SimplyRich’s holdings, making the stock its 27th biggest position. Lester Murray Antman dba SimplyRich’s holdings in Motorola Solutions were worth $2,413,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC raised its holdings in Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after purchasing an additional 965,972 shares during the last quarter. Mizuho Securities USA LLC raised its stake in shares of Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after buying an additional 572,040 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Motorola Solutions by 477.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after buying an additional 257,727 shares during the last quarter. State Street Corp boosted its position in shares of Motorola Solutions by 2.7% in the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after buying an additional 198,183 shares in the last quarter. Finally, Barclays PLC grew its stake in Motorola Solutions by 29.6% in the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after acquiring an additional 165,353 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

MSI has been the subject of a number of research reports. Barclays lifted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Morgan Stanley lifted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $474.54 on Wednesday. The company has a market cap of $79.30 billion, a P/E ratio of 51.98, a P/E/G ratio of 3.54 and a beta of 1.02. The business has a fifty day simple moving average of $470.08 and a 200-day simple moving average of $457.58. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a $1.09 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a yield of 0.92%. Motorola Solutions’s payout ratio is 47.75%.

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.