United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm bought 1,900 shares of the communications equipment provider’s stock, valued at approximately $878,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MSI. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the 4th quarter worth $26,000. FSA Wealth Management LLC purchased a new stake in Motorola Solutions in the third quarter valued at $29,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions in the fourth quarter valued at $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in Motorola Solutions in the fourth quarter valued at $30,000. 84.17% of the stock is owned by institutional investors and hedge funds.
Motorola Solutions Stock Down 0.0 %
Shares of Motorola Solutions stock opened at $429.18 on Wednesday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The company has a market cap of $71.65 billion, a P/E ratio of 46.55, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a one year low of $332.98 and a one year high of $507.82. The firm has a fifty day moving average of $445.27 and a two-hundred day moving average of $459.73.
Motorola Solutions Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.
Analyst Ratings Changes
Several analysts have recently weighed in on MSI shares. Deutsche Bank Aktiengesellschaft boosted their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Morgan Stanley increased 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. Finally, Barclays dropped their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.
Check Out Our Latest Analysis on Motorola Solutions
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.
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