Schroder Investment Management Group boosted its position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 19.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 799,208 shares of the communications equipment provider’s stock after buying an additional 131,711 shares during the period. Schroder Investment Management Group’s holdings in Motorola Solutions were worth $369,418,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Synergy Asset Management LLC purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new position in Motorola Solutions during the fourth quarter valued at $26,000. FSA Wealth Management LLC purchased a new stake in Motorola Solutions in the third quarter valued at $29,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions in the fourth 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. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Stock Performance
NYSE MSI opened at $433.38 on Friday. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a market cap of $72.35 billion, a PE ratio of 47.00, a price-to-earnings-growth ratio of 3.82 and a beta of 1.03. The stock’s 50 day simple moving average is $443.47 and its 200-day simple moving average is $459.45.
Motorola Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $1.09 per share. The ex-dividend date is Friday, March 14th. This represents a $4.36 annualized dividend and a yield of 1.01%. Motorola Solutions’s dividend payout ratio is presently 47.29%.
Analyst Ratings Changes
A number of analysts have recently commented on the company. Barclays lowered their target price 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. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley boosted their target price on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to 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 Research Report on MSI
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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