NatWest Group plc bought a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,180 shares of the communications equipment provider’s stock, valued at approximately $5,630,000. Motorola Solutions makes up approximately 1.7% of NatWest Group plc’s portfolio, making the stock its 26th biggest position.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its position in Motorola Solutions by 59,189.5% in the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock worth $435,064,000 after buying an additional 965,972 shares during the last quarter. Mizuho Securities USA LLC raised its stake in shares of Motorola Solutions by 4,447.9% in the third quarter. Mizuho Securities USA LLC now owns 584,901 shares of the communications equipment provider’s stock valued at $262,989,000 after acquiring an additional 572,040 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Motorola Solutions by 477.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 311,659 shares of the communications equipment provider’s stock worth $140,131,000 after acquiring an additional 257,727 shares during the last quarter. State Street Corp boosted its stake in shares of Motorola Solutions by 2.7% during the 3rd quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after purchasing an additional 198,183 shares during the period. Finally, Barclays PLC grew its holdings in Motorola Solutions by 29.6% during the 3rd quarter. Barclays PLC now owns 723,835 shares of the communications equipment provider’s stock valued at $325,455,000 after purchasing an additional 165,353 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Motorola Solutions Trading Down 0.6 %
NYSE MSI opened at $479.40 on Friday. Motorola Solutions, Inc. has a one year low of $314.84 and a one year high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The company has a market capitalization of $80.12 billion, a price-to-earnings ratio of 52.51, a price-to-earnings-growth ratio of 3.45 and a beta of 1.02. The company’s 50-day simple moving average is $470.81 and its two-hundred day simple moving average is $455.45.
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 paid a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a yield of 0.91%. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend was Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.
Wall Street Analyst Weigh In
Several analysts have issued reports on MSI shares. Raymond James raised their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays raised their price target on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research note on Friday, November 8th. Bank of America increased their target price on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley raised their price target on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $504.88.
Get Our Latest Stock Report on Motorola Solutions
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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