Stratos Wealth Advisors LLC lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 3.0% during the 4th quarter, HoldingsChannel reports. The firm owned 953 shares of the communications equipment provider’s stock after selling 29 shares during the period. Stratos Wealth Advisors LLC’s holdings in Motorola Solutions were worth $441,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new stake in Motorola Solutions during the 4th quarter worth $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the 4th quarter worth $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions during the 3rd quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Motorola Solutions during the 3rd quarter worth $31,000. Finally, Planning Capital Management Corp acquired a new stake in Motorola Solutions during the 3rd quarter worth $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Stock Down 0.6 %
Shares of NYSE:MSI opened at $479.40 on Friday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The firm has a market capitalization of $80.12 billion, a PE ratio of 52.51, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02. The firm’s 50-day moving average is $470.81 and its two-hundred day moving average is $455.45. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82.
Motorola Solutions Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 47.75%.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on MSI shares. Raymond James boosted their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Bank of America boosted their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Barclays boosted their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Morgan Stanley boosted their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.
Read Our Latest 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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