Beaumont Financial Advisors LLC acquired a new position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 828 shares of the communications equipment provider’s stock, valued at approximately $383,000.
A number of other large investors also recently modified their holdings of MSI. FSA Wealth Management LLC purchased a new position in Motorola Solutions in the third quarter valued at approximately $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Motorola Solutions during the 3rd quarter valued at $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions in the 2nd quarter valued at $32,000. Planning Capital Management Corp purchased a new position in Motorola Solutions in the third quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Motorola Solutions in the third quarter valued at about $33,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.
Motorola Solutions Stock Up 0.9 %
Shares of NYSE:MSI opened at $471.90 on Thursday. The company’s fifty day moving average is $475.98 and its two-hundred day moving average is $449.52. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. Motorola Solutions, Inc. has a 1-year low of $314.84 and a 1-year high of $507.82. The stock has a market capitalization of $78.86 billion, a price-to-earnings ratio of 51.69, a price-to-earnings-growth ratio of 3.42 and a beta of 1.01.
Motorola Solutions Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date was Friday, December 13th. This represents a $4.36 annualized dividend and a dividend yield of 0.92%. Motorola Solutions’s payout ratio is 47.75%.
Analyst Ratings Changes
Several brokerages have issued reports on MSI. Morgan Stanley increased their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Raymond James boosted their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Bank of America raised their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Finally, Barclays upped their target price on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.
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.
See Also
- Five stocks we like better than Motorola Solutions
- Stock Sentiment Analysis: How it Works
- Oracle Announces Game-Changing News for the AI Industry
- Bank Stocks – Best Bank Stocks to Invest In
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- Quiet Period Expirations Explained
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.