Metis Global Partners LLC raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 21.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,239 shares of the communications equipment provider’s stock after purchasing an additional 1,987 shares during the period. Metis Global Partners LLC’s holdings in Motorola Solutions were worth $5,195,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently made changes to their positions in MSI. Synergy Asset Management LLC bought a new position in shares of Motorola Solutions in the 4th quarter worth $25,000. Crews Bank & Trust bought a new position in shares of Motorola Solutions in the 4th quarter worth $26,000. FSA Wealth Management LLC bought a new position in shares of Motorola Solutions in the 3rd quarter worth $29,000. First Command Advisory Services Inc. bought a new position in shares of Motorola Solutions in the 4th quarter worth $29,000. Finally, Planning Capital Management Corp bought a new position in shares of Motorola Solutions in the 3rd quarter worth $32,000. 84.17% of the stock is owned by institutional investors.
Motorola Solutions Stock Up 2.8 %
Motorola Solutions stock opened at $441.37 on Friday. 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 business’s 50-day simple moving average is $459.38 and its two-hundred day simple moving average is $460.31. The company has a market cap of $73.68 billion, a PE ratio of 47.87, a PEG ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a fifty-two week low of $328.13 and a fifty-two week high of $507.82.
Motorola Solutions Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 0.99%. Motorola Solutions’s payout ratio is presently 47.29%.
Analysts Set New Price Targets
Several research analysts have recently commented on the company. 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 research report on Tuesday, November 26th. Morgan Stanley upped their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. Finally, Raymond James upped their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.
Read Our Latest Analysis on Motorola Solutions
Motorola Solutions 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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