Motorola Solutions, Inc. (NYSE:MSI) Stake Raised by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA boosted its holdings in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 3.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 741,501 shares of the communications equipment provider’s stock after purchasing an additional 27,733 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Motorola Solutions were worth $201,866,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in MSI. Penobscot Investment Management Company Inc. bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $218,000. Banco Santander S.A. boosted its stake in Motorola Solutions by 7.5% in the 3rd quarter. Banco Santander S.A. now owns 3,850 shares of the communications equipment provider’s stock valued at $1,048,000 after buying an additional 270 shares in the last quarter. Fidelis Capital Partners LLC boosted its stake in Motorola Solutions by 18.5% in the 3rd quarter. Fidelis Capital Partners LLC now owns 1,500 shares of the communications equipment provider’s stock valued at $408,000 after buying an additional 234 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in Motorola Solutions in the 3rd quarter valued at $77,388,000. Finally, Oppenheimer & Co. Inc. boosted its stake in Motorola Solutions by 5.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 2,743 shares of the communications equipment provider’s stock valued at $747,000 after buying an additional 136 shares in the last quarter. 82.37% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Motorola Solutions in a research note on Friday, January 19th. They issued a “buy” rating and a $350.00 price target on the stock. StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, November 11th. Barclays boosted their price objective on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Finally, Bank of America initiated coverage on Motorola Solutions in a research note on Monday, October 9th. They issued a “buy” rating and a $330.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $328.29.

View Our Latest Report on MSI

Motorola Solutions Trading Down 0.7 %

MSI stock opened at $325.30 on Tuesday. The company has a market cap of $54.00 billion, a P/E ratio of 32.89, a PEG ratio of 2.73 and a beta of 0.92. Motorola Solutions, Inc. has a twelve month low of $251.25 and a twelve month high of $330.93. The company has a quick ratio of 0.77, a current ratio of 0.95 and a debt-to-equity ratio of 12.51. The business has a fifty day moving average of $318.77 and a 200-day moving average of $298.77.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 15th were issued a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend was Thursday, December 14th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.88. Motorola Solutions’s dividend payout ratio is currently 39.64%.

Motorola Solutions Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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