Arthur M. Cohen & Associates LLC raised its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 25.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 977 shares of the communications equipment provider’s stock after buying an additional 200 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in Motorola Solutions were worth $452,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of MSI. World Investment Advisors LLC raised its holdings in Motorola Solutions by 5,403.9% during the third 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 during the last quarter. Versor Investments LP purchased a new position in shares of Motorola Solutions in the third quarter valued at $449,000. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Motorola Solutions by 32.9% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 358,011 shares of the communications equipment provider’s stock worth $138,210,000 after buying an additional 88,603 shares during the last quarter. Groupama Asset Managment boosted its position in shares of Motorola Solutions by 8.6% in the 3rd quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after buying an additional 46,731 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in Motorola Solutions in the 2nd quarter valued at about $19,694,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Stock Up 0.5 %
MSI opened at $465.23 on Friday. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The business has a 50-day moving average of $478.00 and a two-hundred day moving average of $446.98. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The stock has a market capitalization of $77.75 billion, a price-to-earnings ratio of 50.96, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01.
Motorola Solutions Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.94%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio is presently 47.75%.
Wall Street Analysts Forecast Growth
MSI has been the topic of several recent research reports. Morgan Stanley upped their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Raymond James upped their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, Bank of America boosted 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 nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $504.88.
Read Our Latest Research Report on Motorola Solutions
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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