Nwam LLC cut its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 22.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 953 shares of the communications equipment provider’s stock after selling 277 shares during the period. Nwam LLC’s holdings in Motorola Solutions were worth $441,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mizuho Securities USA LLC increased its holdings in Motorola Solutions by 4,447.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after acquiring an additional 572,040 shares during the period. State Street Corp grew its position in shares of Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock valued at $3,358,848,000 after purchasing an additional 198,183 shares in the last quarter. Barclays PLC increased its holdings in shares of Motorola Solutions by 29.6% in the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after purchasing an additional 165,353 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of Motorola Solutions by 27.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 634,815 shares of the communications equipment provider’s stock worth $285,432,000 after buying an additional 136,552 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its stake in Motorola Solutions by 44.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 406,910 shares of the communications equipment provider’s stock valued at $182,959,000 after buying an additional 125,351 shares during the period. 84.17% of the stock is currently owned by institutional investors.
Motorola Solutions Trading Up 2.8 %
MSI stock opened at $441.37 on Friday. Motorola Solutions, Inc. has a one year low of $328.13 and a one year high of $507.82. The company has a market capitalization of $73.68 billion, a PE ratio of 47.87, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02. The company’s 50 day moving average price is $459.38 and its two-hundred day moving average price is $460.65. 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 Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be issued a dividend of $1.09 per share. 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 is presently 47.29%.
Analyst Ratings Changes
Several research firms have weighed in on MSI. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Morgan Stanley raised their target price 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. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, 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 report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.
Get Our Latest Analysis 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.
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