Scalar Gauge Management LLC lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 29.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,204 shares of the communications equipment provider’s stock after purchasing an additional 7,904 shares during the quarter. Motorola Solutions comprises 7.5% of Scalar Gauge Management LLC’s investment portfolio, making the stock its 4th biggest holding. Scalar Gauge Management LLC’s holdings in Motorola Solutions were worth $16,272,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the company. World Investment Advisors LLC boosted its position in shares of Motorola Solutions by 5,403.9% in the 3rd quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after purchasing an additional 35,071 shares in the last quarter. Groupama Asset Managment boosted its holdings in Motorola Solutions by 8.6% in the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after acquiring an additional 46,731 shares in the last quarter. National Pension Service grew its stake in shares of Motorola Solutions by 22.9% in the fourth quarter. National Pension Service now owns 470,878 shares of the communications equipment provider’s stock worth $217,654,000 after acquiring an additional 87,722 shares during the last quarter. Oddo BHF Asset Management Sas bought a new position in shares of Motorola Solutions during the third quarter valued at $33,423,000. Finally, Merit Financial Group LLC raised its position in shares of Motorola Solutions by 26.4% in the 4th quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider’s stock worth $1,573,000 after purchasing an additional 712 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of analysts have weighed in on MSI shares. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley raised their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $505.88.
Motorola Solutions Price Performance
NYSE MSI opened at $433.38 on Monday. The stock has a market capitalization of $72.35 billion, a price-to-earnings ratio of 47.00, a PEG ratio of 3.82 and a beta of 1.03. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The business’s fifty day moving average price is $443.47 and its 200-day moving average price is $459.62.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.
Motorola Solutions Announces Dividend
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 issued a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is 47.29%.
Motorola Solutions Company 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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