Oregon Public Employees Retirement Fund increased its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 0.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,315 shares of the communications equipment provider’s stock after buying an additional 84 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Motorola Solutions were worth $6,617,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions in the 4th quarter worth about $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions in the 4th quarter worth about $26,000. FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions during the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions during the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp acquired a new position in shares of Motorola Solutions during the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Trading Down 0.2 %
Shares of Motorola Solutions stock opened at $425.72 on Thursday. The firm has a market capitalization of $71.07 billion, a price-to-earnings ratio of 46.17, a PEG ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a fifty-two week low of $326.22 and a fifty-two week high of $507.82. 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 stock has a 50 day moving average of $460.64 and a 200 day moving average of $460.33.
Motorola Solutions Announces Dividend
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. This represents a $4.36 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on MSI. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Raymond James increased their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Barclays reduced their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft increased 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. Finally, Morgan Stanley increased their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $505.88.
Get Our Latest Stock 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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