Arwa LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,323 shares of the communications equipment provider’s stock, valued at approximately $1,274,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in MSI. Groupama Asset Managment increased its stake in shares of Motorola Solutions by 1.2% in the 4th quarter. Groupama Asset Managment now owns 433,839 shares of the communications equipment provider’s stock worth $166,299,000 after acquiring an additional 5,107 shares during the last quarter. MidFirst Bank acquired a new position in shares of Motorola Solutions during the 4th quarter valued at about $810,000. Pacer Advisors Inc. boosted its position in shares of Motorola Solutions by 41.6% during the 4th quarter. Pacer Advisors Inc. now owns 32,327 shares of the communications equipment provider’s stock valued at $12,392,000 after acquiring an additional 9,500 shares during the last quarter. Phillip James Consulting Co. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at about $43,000. Finally, MV Capital Management Inc. purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at about $48,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Price Performance
Motorola Solutions stock opened at $395.88 on Friday. The company’s 50 day simple moving average is $417.39 and its 200-day simple moving average is $417.87. The company has a market capitalization of $65.72 billion, a price-to-earnings ratio of 31.90, a price-to-earnings-growth ratio of 2.75 and a beta of 0.89. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.86 and a current ratio of 1.07.
Motorola Solutions Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, June 17th will be paid a $1.21 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.2%. Motorola Solutions’s payout ratio is presently 39.00%.
Analyst Upgrades and Downgrades
MSI has been the topic of a number of analyst reports. Weiss Ratings downgraded shares of Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Raymond James Financial reissued an “outperform” rating and issued a $530.00 price target on shares of Motorola Solutions in a research note on Friday, May 8th. Wall Street Zen lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Truist Financial decreased their price objective on Motorola Solutions from $540.00 to $525.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Finally, Barclays increased their price objective on Motorola Solutions from $506.00 to $509.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $504.67.
About Motorola Solutions
Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.
Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.
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