FourThought Financial Partners LLC bought a new position in Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,282 shares of the communications equipment provider’s stock, valued at approximately $593,000.
A number of other large investors have also made changes to their positions in the company. Synergy Asset Management LLC purchased a new position in shares of Motorola Solutions during the fourth quarter valued at $25,000. Crews Bank & Trust purchased a new position in Motorola Solutions during the 4th quarter valued at about $26,000. FSA Wealth Management LLC acquired a new stake in shares of Motorola Solutions during the third quarter worth approximately $29,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Motorola Solutions during the third quarter valued at approximately $31,000. Finally, Planning Capital Management Corp purchased a new stake in Motorola Solutions in the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on MSI. Barclays reduced their price objective on Motorola Solutions from $529.00 to $527.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Raymond James boosted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley lifted their price target on shares of Motorola Solutions from $495.00 to $505.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $505.88.
Motorola Solutions Price Performance
Shares of Motorola Solutions stock opened at $425.77 on Wednesday. The firm has a fifty day moving average price of $461.37 and a two-hundred day moving average price of $460.57. Motorola Solutions, Inc. has a fifty-two week low of $326.22 and a fifty-two week high of $507.82. The company has a debt-to-equity ratio of 3.30, a current ratio of 1.28 and a quick ratio of 1.13. The company has a market cap of $71.08 billion, a PE ratio of 46.18, a price-to-earnings-growth ratio of 3.82 and a beta of 1.02.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a net margin of 14.58% and a return on equity of 197.59%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. Analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Dividend Announcement
The company also recently announced 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 annualized dividend and a yield of 1.02%. Motorola Solutions’s dividend payout ratio (DPR) is currently 47.29%.
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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