Whipplewood Advisors LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 122 shares of the communications equipment provider’s stock, valued at approximately $56,000.
A number of other hedge funds have also modified their holdings of MSI. Tradition Wealth Management LLC raised its stake in Motorola Solutions by 3.3% in the 3rd quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock valued at $294,000 after purchasing an additional 21 shares during the last quarter. Omnia Family Wealth LLC increased its stake in shares of Motorola Solutions by 2.2% during the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after acquiring an additional 25 shares during the last quarter. Center for Financial Planning Inc. increased its stake in shares of Motorola Solutions by 0.5% during the 4th quarter. Center for Financial Planning Inc. now owns 5,055 shares of the communications equipment provider’s stock valued at $2,337,000 after acquiring an additional 25 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of Motorola Solutions by 2.1% during the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after acquiring an additional 26 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd increased its stake in shares of Motorola Solutions by 0.9% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock valued at $1,343,000 after acquiring an additional 26 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.
Motorola Solutions Stock Up 2.8 %
Shares of NYSE:MSI opened at $441.37 on Friday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. Motorola Solutions, Inc. has a 1 year low of $328.13 and a 1 year high of $507.82. The stock has a market capitalization of $73.68 billion, a P/E ratio of 47.87, a PEG ratio of 3.82 and a beta of 1.02. The stock has a 50-day simple moving average of $459.38 and a 200-day simple moving average of $460.31.
Motorola Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 annualized dividend and a yield of 0.99%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.
Analyst Ratings Changes
MSI has been the subject of a number of research analyst reports. Barclays dropped their price objective on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Raymond James upped their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Morgan Stanley upped their price objective on shares of 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, StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $505.88.
Read Our Latest Stock Report on MSI
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.
Featured Articles
- Five stocks we like better than Motorola Solutions
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Analysts Lift Archer Aviation Stock Despite Earnings Miss
- What Are Dividend Challengers?
- 5 Best Gold ETFs for March to Curb Recession Fears
- Options Trading – Understanding Strike Price
- 3 Stocks for Your Watchlist: Unlocking Tomorrow’s Winners Today
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.