Quotient Wealth Partners LLC raised its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 786 shares of the communications equipment provider’s stock after purchasing an additional 30 shares during the period. Quotient Wealth Partners LLC’s holdings in Motorola Solutions were worth $363,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Synergy Asset Management LLC bought a new stake in Motorola Solutions during the 4th quarter valued at $25,000. Crews Bank & Trust purchased a new position in shares of Motorola Solutions in the fourth quarter valued at $26,000. FSA Wealth Management LLC bought a new stake in shares of Motorola Solutions during the 3rd quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Motorola Solutions during the third quarter valued at about $31,000. Finally, Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions in the third quarter worth about $32,000. Institutional investors own 84.17% of the company’s stock.
Motorola Solutions Stock Down 0.6 %
Shares of NYSE MSI opened at $479.40 on Monday. The stock has a market capitalization of $80.12 billion, a P/E ratio of 52.51, a PEG ratio of 3.54 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The firm’s 50 day simple moving average is $470.40 and its two-hundred day simple moving average is $456.45.
Motorola Solutions Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is 47.75%.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Raymond James raised their price target on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Morgan Stanley boosted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Finally, Bank of America raised their target price on shares of Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.
Get Our Latest Report 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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