Whipplewood Advisors LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 122 shares of the communications equipment provider’s stock, valued at approximately $56,000.
A number of other hedge funds have also made changes to their positions in MSI. Mizuho Securities USA LLC grew its position in shares of Motorola Solutions by 4,447.9% during the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock worth $262,989,000 after buying an additional 572,040 shares in the last quarter. State Street Corp grew its position in shares of Motorola Solutions by 2.7% during the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after buying an additional 198,183 shares in the last quarter. Barclays PLC grew its position in shares of Motorola Solutions by 29.6% during the third quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock worth $325,455,000 after buying an additional 165,353 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Motorola Solutions by 27.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 634,815 shares of the communications equipment provider’s stock worth $285,432,000 after buying an additional 136,552 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its position in shares of Motorola Solutions by 44.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 406,910 shares of the communications equipment provider’s stock worth $182,959,000 after buying an additional 125,351 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Barclays reduced their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th. Raymond James raised their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average target price of $505.88.
Motorola Solutions Stock Performance
MSI stock opened at $441.37 on Friday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.13 and a current ratio of 1.28. The stock has a market capitalization of $73.68 billion, a price-to-earnings ratio of 47.87, a PEG ratio of 3.82 and a beta of 1.02. Motorola Solutions, Inc. has a 1 year low of $328.13 and a 1 year high of $507.82. The stock’s fifty day moving average is $459.38 and its two-hundred day moving average is $460.31.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its 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). The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. On average, research analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s dividend payout ratio (DPR) is 47.29%.
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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