Corient Private Wealth LLC grew its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 18.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,671 shares of the communications equipment provider’s stock after buying an additional 13,298 shares during the period. Corient Private Wealth LLC owned 0.05% of Motorola Solutions worth $39,249,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. World Investment Advisors LLC raised its stake in 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 acquiring an additional 35,071 shares during the last quarter. Groupama Asset Managment increased its holdings in shares of Motorola Solutions by 8.6% in 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. National Pension Service raised 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 purchasing an additional 87,722 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new stake in shares of Motorola Solutions during the third quarter worth about $33,423,000. Finally, Merit Financial Group LLC boosted its position in Motorola Solutions by 26.4% in the fourth quarter. Merit Financial Group LLC now owns 3,404 shares of the communications equipment provider’s stock valued at $1,573,000 after buying an additional 712 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Price Performance
NYSE:MSI opened at $421.51 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. Motorola Solutions, Inc. has a 52 week low of $332.98 and a 52 week high of $507.82. The stock’s 50-day moving average price is $449.35 and its 200-day moving average price is $460.30. The stock has a market capitalization of $70.37 billion, a PE ratio of 45.72, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03.
Motorola Solutions Dividend Announcement
The business also recently declared 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 annualized dividend and a yield of 1.03%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is presently 47.29%.
Wall Street Analyst Weigh In
MSI has been the subject of a number of recent research reports. Barclays reduced their price target on shares of Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Morgan Stanley upped their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $505.88.
View Our Latest Stock Report on MSI
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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