12,180 Shares in Motorola Solutions, Inc. (NYSE:MSI) Bought by NatWest Group plc

NatWest Group plc acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, HoldingsChannel reports. The fund acquired 12,180 shares of the communications equipment provider’s stock, valued at approximately $5,630,000. Motorola Solutions accounts for approximately 1.7% of NatWest Group plc’s portfolio, making the stock its 26th biggest position.

Several other institutional investors have also modified their holdings of the stock. Triasima Portfolio Management inc. acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $2,050,000. Lecap Asset Management Ltd. purchased a new stake in Motorola Solutions in the 4th quarter valued at about $1,791,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Motorola Solutions by 3.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,109 shares of the communications equipment provider’s stock valued at $9,757,000 after buying an additional 718 shares during the last quarter. Tyche Wealth Partners LLC purchased a new position in Motorola Solutions during the fourth quarter worth about $1,068,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Motorola Solutions by 17.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,622 shares of the communications equipment provider’s stock valued at $11,464,000 after acquiring an additional 3,723 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MSI shares. Raymond James upped their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Bank of America boosted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Barclays raised their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, Morgan Stanley boosted their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions presently has an average rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Price Performance

MSI stock opened at $479.40 on Friday. Motorola Solutions, Inc. has a 1 year low of $314.84 and a 1 year high of $507.82. The firm has a market capitalization of $80.12 billion, a P/E ratio of 52.51, a P/E/G ratio of 3.45 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The business’s 50-day moving average is $470.81 and its two-hundred day moving average is $455.45.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Analysts anticipate that Motorola Solutions, Inc. will post 12.57 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a dividend of $1.09 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Friday, December 13th. Motorola Solutions’s payout ratio is 47.75%.

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.