Allspring Global Investments Holdings LLC Acquires 44,150 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Allspring Global Investments Holdings LLC grew its stake in Motorola Solutions, Inc. (NYSE:MSI) by 10.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 456,817 shares of the communications equipment provider’s stock after buying an additional 44,150 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Motorola Solutions were worth $209,857,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Tradition Wealth Management LLC lifted its stake in shares of Motorola Solutions by 3.3% in the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 21 shares during the last quarter. Fidelis Capital Partners LLC increased its stake in shares of Motorola Solutions by 1.0% in the third quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after purchasing an additional 22 shares during the period. Omnia Family Wealth LLC lifted its position 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 worth $527,000 after purchasing an additional 25 shares during the last quarter. Harbour Investments Inc. boosted its stake in 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 purchasing an additional 26 shares during the period. Finally, Harvest Fund Management Co. Ltd grew its holdings in Motorola Solutions by 0.9% in 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 buying an additional 26 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 1.5 %

Shares of MSI opened at $474.54 on Wednesday. The stock has a 50 day simple moving average of $470.08 and a 200-day simple moving average of $457.58. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The stock has a market cap of $79.30 billion, a PE ratio of 51.98, a PEG ratio of 3.54 and a beta of 1.02. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were paid a $1.09 dividend. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. The ex-dividend date was Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s payout ratio is currently 47.75%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on MSI shares. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Barclays increased their target price 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. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday. Bank of America lifted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Finally, Morgan Stanley boosted their price objective on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $504.88.

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.