Lincoln Capital Corp bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 436 shares of the communications equipment provider’s stock, valued at approximately $202,000.
Several other large investors also recently bought and sold shares of the stock. FSA Wealth Management LLC purchased a new position 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 worth about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Motorola Solutions in the 2nd quarter valued at approximately $32,000. Planning Capital Management Corp purchased a new stake in shares of Motorola Solutions during the 3rd quarter worth $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in Motorola Solutions during the third quarter worth about $33,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. Morgan Stanley upped their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Raymond James boosted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Barclays raised their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Bank of America increased their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $504.88.
Motorola Solutions Trading Up 0.8 %
NYSE MSI opened at $475.78 on Friday. The stock has a market cap of $79.51 billion, a P/E ratio of 52.11, a PEG ratio of 3.47 and a beta of 1.01. The company’s fifty day simple moving average is $475.49 and its 200-day simple moving average is $449.68. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Equities research analysts predict that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.
Motorola Solutions Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a dividend of $1.09 per share. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.92%. 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 dividend payout ratio is 47.75%.
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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