Lester Murray Antman dba SimplyRich lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,221 shares of the communications equipment provider’s stock after buying an additional 78 shares during the period. Motorola Solutions makes up about 0.7% of Lester Murray Antman dba SimplyRich’s holdings, making the stock its 27th biggest holding. Lester Murray Antman dba SimplyRich’s holdings in Motorola Solutions were worth $2,413,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in MSI. Tradition Wealth Management LLC grew its stake in Motorola Solutions by 3.3% during the third quarter. Tradition Wealth Management LLC now owns 654 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 21 shares during the period. Fidelis Capital Partners LLC boosted its position in Motorola Solutions by 1.0% during the 3rd quarter. Fidelis Capital Partners LLC now owns 2,223 shares of the communications equipment provider’s stock worth $1,038,000 after purchasing an additional 22 shares during the period. Omnia Family Wealth LLC increased its holdings in Motorola Solutions by 2.2% in the 3rd quarter. Omnia Family Wealth LLC now owns 1,170 shares of the communications equipment provider’s stock valued at $527,000 after purchasing an additional 25 shares in the last quarter. Harbour Investments Inc. increased its holdings in Motorola Solutions by 2.1% in the 3rd quarter. Harbour Investments Inc. now owns 1,287 shares of the communications equipment provider’s stock valued at $578,000 after purchasing an additional 26 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its stake in shares of Motorola Solutions by 0.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,989 shares of the communications equipment provider’s stock worth $1,343,000 after purchasing an additional 26 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
MSI has been the subject of a number of recent research reports. StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday. Raymond James increased their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Barclays boosted their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Morgan Stanley raised their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Finally, Bank of America boosted their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.
Motorola Solutions Trading Down 1.5 %
NYSE MSI opened at $474.54 on Wednesday. The company has a market capitalization of $79.30 billion, a price-to-earnings ratio of 51.98, a price-to-earnings-growth ratio of 3.54 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. Motorola Solutions, Inc. has a 12 month low of $314.84 and a 12 month high of $507.82. The company’s fifty day moving average price is $470.08 and its two-hundred day moving average price is $457.58.
Motorola Solutions Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were paid a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 0.92%. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is 47.75%.
Motorola Solutions Company 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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