Motorola Solutions, Inc. (NYSE:MSI) Shares Bought by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 0.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,662 shares of the communications equipment provider’s stock after purchasing an additional 71 shares during the period. Citizens Financial Group Inc. RI’s holdings in Motorola Solutions were worth $3,542,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MSI. Synergy Asset Management LLC acquired a new position in Motorola Solutions during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new position in shares of Motorola Solutions during the 4th quarter valued at about $26,000. First Command Advisory Services Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at about $29,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions during the third quarter worth about $29,000. Finally, SBI Securities Co. Ltd. purchased a new position in Motorola Solutions during the fourth quarter worth about $30,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

MSI stock opened at $412.10 on Wednesday. The business’s fifty day moving average price is $452.78 and its 200 day moving average price is $460.78. Motorola Solutions, Inc. has a 12-month low of $332.98 and a 12-month high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30. The company has a market capitalization of $68.80 billion, a PE ratio of 44.70, a P/E/G ratio of 3.82 and a beta of 1.03.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.10). Motorola Solutions had a return on equity of 197.59% and a net margin of 14.58%. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared 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. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.06%. Motorola Solutions’s dividend payout ratio is presently 47.29%.

Analysts Set New Price Targets

MSI has been the subject of several analyst reports. Morgan Stanley increased their price target 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. Barclays lowered their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped their price target on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $505.88.

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.