Generali Asset Management SPA SGR bought a new position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 12,066 shares of the communications equipment provider’s stock, valued at approximately $5,577,000.
Several other institutional investors and hedge funds have also modified their holdings of MSI. Raymond James Financial Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter worth approximately $1,528,949,000. Proficio Capital Partners LLC boosted its holdings in shares of Motorola Solutions by 56,562.5% in the 4th quarter. Proficio Capital Partners LLC now owns 315,610 shares of the communications equipment provider’s stock worth $145,884,000 after acquiring an additional 315,053 shares in the last quarter. State Street Corp lifted its holdings in Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after buying an additional 198,183 shares in the last quarter. Barclays PLC lifted its holdings in Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after buying an additional 165,353 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its holdings in Motorola Solutions by 44.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 406,910 shares of the communications equipment provider’s stock worth $182,959,000 after buying an additional 125,351 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on MSI shares. Morgan Stanley upped their price objective on Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Barclays reduced their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $505.88.
Motorola Solutions Stock Performance
MSI stock opened at $421.66 on Wednesday. The business’s fifty day moving average is $448.66 and its 200-day moving average is $460.15. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The company has a market cap of $70.39 billion, a P/E ratio of 45.73, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.10). The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. Equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is presently 47.29%.
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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