Swiss National Bank trimmed its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 4.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 471,343 shares of the communications equipment provider’s stock after selling 23,700 shares during the period. Swiss National Bank’s holdings in Motorola Solutions were worth $217,869,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the stock. Synergy Asset Management LLC bought a new position in Motorola Solutions during the 4th quarter worth approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions during the fourth quarter worth $26,000. First Command Advisory Services Inc. acquired a new position in Motorola Solutions in the fourth quarter valued at $29,000. FSA Wealth Management LLC bought a new stake in Motorola Solutions during the third quarter valued at $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions during the 4th quarter worth about $30,000. 84.17% of the stock is owned by institutional investors.
Motorola Solutions Price Performance
Shares of NYSE:MSI opened at $413.97 on Friday. Motorola Solutions, Inc. has a twelve month low of $332.98 and a twelve month high of $507.82. The stock’s 50 day moving average is $450.90 and its 200-day moving average is $460.12. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 3.30. The firm has a market capitalization of $69.11 billion, a price-to-earnings ratio of 44.90, a PEG 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. Shareholders of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $4.36 dividend on an annualized basis and a yield of 1.05%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on MSI shares. Morgan Stanley upped their target price on Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Barclays cut their price target on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft increased their target price 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. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $505.88.
Check Out Our Latest Stock Report 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.
Further Reading
- Five stocks we like better than Motorola Solutions
- How to Use the MarketBeat Dividend Calculator
- 3 Undervalued Stocks You Can Buy at a Discount Now
- Most Volatile Stocks, What Investors Need to Know
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- Profitably Trade Stocks at 52-Week Highs
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.