Wilmington Savings Fund Society FSB raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,443 shares of the communications equipment provider’s stock after purchasing an additional 191 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Motorola Solutions were worth $2,516,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MSI. CWM LLC lifted its position in shares of Motorola Solutions by 1.7% during the third quarter. CWM LLC now owns 7,496 shares of the communications equipment provider’s stock worth $3,371,000 after acquiring an additional 126 shares in the last quarter. Sanibel Captiva Trust Company Inc. purchased a new stake in shares of Motorola Solutions in the third quarter worth about $213,000. UMB Bank n.a. boosted its position in shares of Motorola Solutions by 10.0% in the third quarter. UMB Bank n.a. now owns 661 shares of the communications equipment provider’s stock valued at $297,000 after acquiring an additional 60 shares during the period. Livforsakringsbolaget Skandia Omsesidigt grew its stake in Motorola Solutions by 22.5% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,631 shares of the communications equipment provider’s stock valued at $734,000 after acquiring an additional 300 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its stake in Motorola Solutions by 0.3% during the third quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 15,224 shares of the communications equipment provider’s stock valued at $6,845,000 after acquiring an additional 40 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.
Motorola Solutions Stock Down 0.6 %
MSI opened at $479.40 on Friday. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. 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 business’s 50-day moving average price is $470.40 and its 200-day moving average price is $456.03. The company has a market cap of $80.12 billion, a P/E ratio of 52.51, a P/E/G ratio of 3.54 and a beta of 1.02.
Motorola Solutions Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a $1.09 dividend. This is a boost 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 dividend on an annualized basis and a dividend yield of 0.91%. Motorola Solutions’s payout ratio is presently 47.75%.
Wall Street Analyst Weigh In
Several research analysts have commented on MSI shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Raymond James lifted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Morgan Stanley lifted their price target 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. Finally, Bank of America upped their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $504.88.
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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