Berbice Capital Management LLC purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 560 shares of the communications equipment provider’s stock, valued at approximately $259,000.
Other institutional investors have also made changes to their positions in the company. World Investment Advisors LLC increased its position in shares of 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 valued at $16,061,000 after purchasing an additional 35,071 shares during the period. Versor Investments LP acquired a new stake in shares of Motorola Solutions during the 3rd quarter worth approximately $449,000. Groupama Asset Managment grew its holdings in Motorola Solutions by 8.6% during the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock valued at $263,967,000 after purchasing an additional 46,731 shares during the period. Magnolia Capital Advisors LLC acquired a new position in Motorola Solutions during the second quarter valued at approximately $19,694,000. Finally, Los Angeles Capital Management LLC lifted its stake in Motorola Solutions by 8.5% in the third quarter. Los Angeles Capital Management LLC now owns 409,421 shares of the communications equipment provider’s stock valued at $184,088,000 after buying an additional 32,157 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays raised their price target on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Morgan Stanley raised their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Bank of America lifted their price objective 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. Finally, Raymond James boosted their price target 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. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $504.88.
Motorola Solutions Trading Down 0.0 %
Shares of NYSE:MSI opened at $475.84 on Friday. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. 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 firm has a market capitalization of $79.52 billion, a P/E ratio of 52.19, a P/E/G ratio of 3.47 and a beta of 1.01. The business’s 50-day moving average is $475.49 and its 200 day moving average is $449.68.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating the consensus estimate of $3.10 by $0.36. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, research analysts predict that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.
Motorola Solutions Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. Motorola Solutions’s dividend payout ratio is 47.75%.
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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