Groupama Asset Managment trimmed its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 41.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 346,223 shares of the communications equipment provider’s stock after selling 240,854 shares during the period. Motorola Solutions comprises approximately 1.2% of Groupama Asset Managment’s investment portfolio, making the stock its 21st biggest position. Groupama Asset Managment owned approximately 0.21% of Motorola Solutions worth $160,504,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in shares of Motorola Solutions in the 4th quarter valued at $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions during the 4th quarter worth about $26,000. FSA Wealth Management LLC bought a new position in shares of Motorola Solutions in the 3rd quarter worth about $29,000. First Command Advisory Services Inc. acquired a new position in shares of Motorola Solutions in the 4th quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions during the 4th quarter valued at about $30,000. 84.17% of the stock is owned by institutional investors.
Motorola Solutions Stock Performance
MSI opened at $438.07 on Tuesday. The company has a market cap of $73.13 billion, a price-to-earnings ratio of 47.51, a PEG ratio of 3.82 and a beta of 1.03. The company’s fifty day moving average price is $442.93 and its two-hundred day moving average price is $459.61. Motorola Solutions, Inc. has a 1-year low of $332.98 and a 1-year high of $507.82. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 3.30.
Motorola Solutions Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be given a $1.09 dividend. This represents a $4.36 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Friday, March 14th. Motorola Solutions’s payout ratio is currently 47.29%.
Wall Street Analyst Weigh In
Several brokerages have issued reports on MSI. Barclays dropped their price target 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 upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. Finally, 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 report on Friday, February 14th. One equities 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 has an average rating of “Moderate Buy” and a consensus price target of $505.88.
Get Our Latest Stock Report on Motorola Solutions
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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