Onefund LLC acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 444 shares of the communications equipment provider’s stock, valued at approximately $205,000.
Other hedge funds have also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the third quarter valued at $29,000. First Command Advisory Services Inc. acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at $29,000. Finally, Planning Capital Management Corp acquired a new stake in shares of Motorola Solutions in the third quarter valued at $32,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Price Performance
Shares of MSI opened at $441.37 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 1 year low of $328.13 and a 1 year high of $507.82. The stock has a market cap of $73.68 billion, a P/E ratio of 47.87, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The stock’s 50-day moving average price is $459.38 and its two-hundred day moving average price is $460.31.
Motorola Solutions Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the company. Raymond James raised their target price on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Barclays lowered their target price on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Morgan Stanley raised their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $505.88.
Check Out Our Latest Research 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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