Kingsview Wealth Management LLC raised its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,093 shares of the communications equipment provider’s stock after acquiring an additional 89 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Motorola Solutions were worth $4,203,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of MSI. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth approximately $25,000. Crews Bank & Trust bought a new position in Motorola Solutions during the fourth quarter worth $26,000. FSA Wealth Management LLC bought a new position in Motorola Solutions during the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Motorola Solutions during the third quarter worth $31,000. Finally, Planning Capital Management Corp bought a new position in Motorola Solutions during the third quarter worth $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on MSI shares. Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft lifted their target price on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Barclays lifted their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Raymond James lifted their target price on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $504.88.
Motorola Solutions Trading Down 0.6 %
Shares of MSI opened at $479.40 on Friday. The business’s 50-day moving average price is $470.40 and its 200 day moving average price is $456.03. The stock has a market capitalization 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, Inc. has a 1-year low of $314.84 and a 1-year 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.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Analysts expect that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.
Motorola Solutions Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were given a dividend of $1.09 per share. The ex-dividend date was Friday, December 13th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.91%. Motorola Solutions’s dividend payout ratio (DPR) is presently 47.75%.
About Motorola Solutions
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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